$5,284 Closing Credit*
$445,000
2,482 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: EXP Realty LLC Mooresville
Is Cramerton, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Cramerton was a Seller's Market.
Key Takeaway
Cramerton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cramerton, NC
How much do homes in Cramerton, NC cost?
Median Sold Price
$364,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,278(+6.5%)
Key Takeaway
Homes in Cramerton have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Cramerton was $364,000 in November 2024, up 6.5% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $251.4K | +109.5% |
| 2 Bedrooms | $254K | $242K | -4.7% |
| 3 Bedrooms | $345K | $360K | +4.3% |
| 4 Bedrooms | $580K | $490K | -15.5% |
| 5+ Bedrooms | $500K | $748.5K | +49.7% |
Summary: Cramerton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 109.5%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes increased by 49.7%.
Median Sold Price Compared To Nearby Cities
| Cramerton | $341.7K | $364K | +6.5% |
| South Point Township | $372.2K | $388.1K | +4.3% |
| Belmont | $422.5K | $425.9K | +0.8% |
Housing Supply in Cramerton, NC
How many homes are available in Cramerton, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 38 | -11.6% |
Summary: The Cramerton real estate market had 38 homes for sale in November 2024, a 11.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 12 | 7 | -41.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Cramerton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 41.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 4 | -63.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cramerton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Cramerton in November 2024, down by 63.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 58 Days | +180.6% |
Summary: Homes in Cramerton had an average of 58 days on market in Nov 2024, up by 180.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cramerton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Cramerton; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.