$45,000
Land
Listing Office: Costello Real Estate and Investments LLC
Is Gaston County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Gaston County has remained a Seller's Market.
Key Takeaway
Gaston County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gaston County, NC
How much do homes in Gaston County, NC cost?
Median Sold Price
$315,068
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,708(+5.2%)
Key Takeaway
Homes in Gaston County have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Gaston County was $315,068 in November 2024, up 5.2% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.5K | $118K | -0.4% |
| 2 Bedrooms | $200K | $208.6K | +4.3% |
| 3 Bedrooms | $289.7K | $299.9K | +3.5% |
| 4 Bedrooms | $405K | $424.8K | +4.9% |
| 5+ Bedrooms | $504.7K | $535K | +6.0% |
Summary: Gaston County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Counties
| Cleveland County | $229.5K | $252.7K | +10.1% |
| Gaston County | $299.3K | $315K | +5.2% |
| Mecklenburg County | $423.4K | $445.4K | +5.2% |
| Lincoln County | $374.9K | $389.6K | +3.9% |
Housing Supply in Gaston County, NC
How many homes are available in Gaston County, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,308 | 1,264 | -3.4% |
Summary: The Gaston County real estate market had 1,264 homes for sale in November 2024, a 3.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 186 | 195 | +4.8% |
| 3 Bedrooms | 735 | 703 | -4.4% |
| 4 Bedrooms | 285 | 279 | -2.1% |
| 5+ Bedrooms | 98 | 81 | -17.3% |
Summary: The Gaston County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 17.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 284 | 222 | -21.8% |
Asking Price vs. Sold Price
127 Homes Were Sold
Under Asking
62 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gaston County, you may be able to get a good deal. 57.2% of homes here sold below asking price last month.
Summary: A total of 222 homes were sold or pending in Gaston County in November 2024, down by 21.8% month-over-month. Of the 222 sold homes, 57% were sold under asking, 28% were sold at asking, and 15% were sold over asking.
Days on Market for Gaston County, NC
How long does it take to sell a home in Gaston County, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 42 Days | +17.3% |
Summary: Homes in Gaston County had an average of 42 days on market in Nov 2024, up by 17.3% compared to last year.
Breakdown of Home Sale Times
112 Homes Were Sold
Under 30 Days
73 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gaston County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 222 homes were sold in Gaston County; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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