$3,998 Closing Credit*
$336,645
1,878 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: NVR Homes, Inc./Ryan Homes
Is Cramerton, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Cramerton has remained a Seller's Market.
Key Takeaway
Cramerton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cramerton, NC
How much do homes in Cramerton, NC cost?
Median Sold Price
$364,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,000(+5.5%)
Key Takeaway
Homes in Cramerton have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Cramerton was $364,000 in October 2024, up 5.5% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192.5K | $209.9K | +9.0% |
| 2 Bedrooms | $252K | $238.5K | -5.4% |
| 3 Bedrooms | $345K | $358K | +3.8% |
| 4 Bedrooms | $595K | $500K | -16.0% |
| 5+ Bedrooms | $517.5K | $595K | +15.0% |
Summary: Cramerton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Cities
| Cramerton | $345K | $364K | +5.5% |
| South Point Township | $372.9K | $393.1K | +5.4% |
| Belmont | $422.5K | $425K | +0.6% |
Housing Supply in Cramerton, NC
How many homes are available in Cramerton, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 47 | -7.8% |
Summary: The Cramerton real estate market had 47 homes for sale in October 2024, a 7.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 22 | 19 | -13.6% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Cramerton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cramerton, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Cramerton in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.
Days on Market for Cramerton, NC
How long does it take to sell a home in Cramerton, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 81 Days | +191.6% |
Summary: Homes in Cramerton had an average of 81 days on market in Oct 2024, up by 191.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cramerton has remained consistent over time.
Summary: During October 2024, 11 homes were sold in Cramerton; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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