$4,511 Closing Credit*
$379,900
1,691 SqFt
3 Beds
•2 Full Baths
Listing Office: Coldwell Banker Mountain View
Is Kings Mountain, 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, Kings Mountain has remained a Seller's Market.
Key Takeaway
Kings Mountain is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kings Mountain, NC
How much do homes in Kings Mountain, NC cost?
Median Sold Price
$275,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,000(+16.5%)
Key Takeaway
Homes in Kings Mountain have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in Kings Mountain was $275,000 in November 2024, up 16.5% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $117K | -19.3% |
| 2 Bedrooms | $161K | $180K | +11.8% |
| 3 Bedrooms | $240.5K | $270.5K | +12.5% |
| 4 Bedrooms | $305.4K | $342K | +11.9% |
| 5+ Bedrooms | $599.9K | $435K | -27.5% |
Summary: Kings Mountain housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.3%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 27.5%.
Median Sold Price Compared To Nearby Cities
| Kings Mountain | $236K | $275K | +16.5% |
| Crowders Mountain Township | $244.5K | $260K | +6.3% |
| Gastonia | $279.9K | $285K | +1.8% |
Housing Supply in Kings Mountain, NC
How many homes are available in Kings Mountain, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 148 | 134 | -9.5% |
Summary: The Kings Mountain real estate market had 134 homes for sale in November 2024, a 9.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 17 | 17 | 0.0% |
| 3 Bedrooms | 94 | 84 | -10.6% |
| 4 Bedrooms | 25 | 24 | -4.0% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The Kings Mountain 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 10.6%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kings Mountain, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Kings Mountain in November 2024, up by 7.7% month-over-month. Of the 28 sold homes, 46% were sold under asking, 32% were sold at asking, and 21% were sold over asking.
Days on Market for Kings Mountain, NC
How long does it take to sell a home in Kings Mountain, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 47 Days | +34.2% |
Summary: Homes in Kings Mountain had an average of 47 days on market in Nov 2024, up by 34.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kings Mountain are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 28 homes were sold in Kings Mountain; 54% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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