$2,838 Closing Credit*
$239,000
960 SqFt
3 Beds
•1 Full Bath
Listing Office: EXP Realty LLC Ballantyne
Is Gastonia, 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, Gastonia has remained a Seller's Market.
Key Takeaway
Gastonia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gastonia, NC
How much do homes in Gastonia, NC cost?
Median Sold Price
$285,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,013(+1.8%)
Key Takeaway
Homes in Gastonia have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Gastonia was $285,000 in October 2024, up 1.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $123.5K | $111.5K | -9.7% |
| 2 Bedrooms | $180K | $180K | 0.0% |
| 3 Bedrooms | $270K | $279.9K | +3.7% |
| 4 Bedrooms | $369.5K | $387K | +4.7% |
| 5+ Bedrooms | $490K | $500K | +2.0% |
Summary: Gastonia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
| Gastonia Township | $271K | $284.4K | +5.0% |
| Dallas Township | $295.9K | $305K | +3.0% |
| Dallas | $299K | $307.2K | +2.8% |
| Gastonia | $279.9K | $285K | +1.8% |
| Ranlo | $265K | $265K | 0.0% |
Housing Supply in Gastonia, NC
How many homes are available in Gastonia, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 640 | 696 | +8.8% |
Summary: The Gastonia real estate market had 696 homes for sale in October 2024, a 8.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 109 | 110 | +0.9% |
| 3 Bedrooms | 356 | 397 | +11.5% |
| 4 Bedrooms | 125 | 143 | +14.4% |
| 5+ Bedrooms | 48 | 45 | -6.3% |
Summary: The Gastonia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 108 | 117 | +8.3% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gastonia, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 117 homes were sold or pending in Gastonia in October 2024, up by 8.3% month-over-month. Of the 117 sold homes, 65% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for Gastonia, NC
How long does it take to sell a home in Gastonia, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 34 Days | +17.1% |
Summary: Homes in Gastonia had an average of 34 days on market in Oct 2024, up by 17.1% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
45 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gastonia are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 117 homes were sold in Gastonia; 55% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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