$5,878 Closing Credit*
$495,000
2,438 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100468308, Listing Office: Carolina Land and Home Realty, LLC
Is Gatesville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Gatesville has remained a Seller's Market.
Key Takeaway
Gatesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gatesville, NC
How much do homes in Gatesville, NC cost?
Median Sold Price
$250,000
$208/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$18,000(+7.8%)
Key Takeaway
Homes in Gatesville have sold for 7.8% more than they did a month ago.
Summary: The median home sold price in Gatesville was $250,000 in November 2024, up 7.8% from last month, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $232K | - | N/A |
| 4 Bedrooms | - | $250K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Gatesville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Gatesville | $232K | $250K | +7.8% |
| Gatesville Township | $232K | $250K | +7.8% |
| Mintonsville Township | $232K | $250K | +7.8% |
Housing Supply in Gatesville, NC
How many homes are available in Gatesville, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Gatesville real estate market had 4 homes for sale in November 2024, a 20.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gatesville 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gatesville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Gatesville in November 2024, up by 100.0% 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 Gatesville, NC
How long does it take to sell a home in Gatesville, NC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 Days | 71 Days | +6.7% |
Summary: Homes in Gatesville had an average of 71 days on market in Nov 2024, up by 6.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Gatesville has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Gatesville; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.