Is Gamewell, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gamewell is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Gamewell was a Seller's Market.

Key Takeaway

Gamewell is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Gamewell, NC

How much do homes in Gamewell, NC cost?

Median Sold Price

$194,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$14,500(-7.0%)

Key Takeaway

Homes in Gamewell have sold for 7% less than they did a year ago.

Summary: The median home sold price in Gamewell was $194,000 in November 2024, down 7% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $130K$147K
+13.1%
2 $127K$185K
+45.7%
3 $213K$209.9K
-1.5%
4 $150.4K$277.6K
+84.5%
5+ -$130K
N/A

Summary: Gamewell housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 45.7%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 84.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lenoir Township
+13.1%
Lenoir
+12.8%
North Catawba Township
+9.9%
Gamewell
-7.0%

Housing Supply in Gamewell, NC

How many homes are available in Gamewell, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1014+40.0%

Summary: The Gamewell real estate market had 14 homes for sale in November 2024, a 40.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 710
+42.9%
4 02
+100.0%
5+ 00
0.0%

Summary: The Gamewell 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 decreased by 33.3%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gamewell, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Gamewell in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Gamewell, NC

How long does it take to sell a home in Gamewell, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days5 Days-87.8%

Summary: Homes in Gamewell had an average of 5 days on market in Nov 2024, down by 87.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gamewell are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Gamewell; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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