Is Catawba Springs Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Catawba Springs Township has remained a Seller's Market.
Housing Prices in Catawba Springs Township, NC
How much do homes in Catawba Springs Township, NC cost?
Median Sold Price
$495,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | $217.5K | -22.3% |
2 Bedrooms | $426.2K | $430K | +0.9% |
3 Bedrooms | $423.7K | $417.8K | -1.4% |
4 Bedrooms | $588K | $629.9K | +7.1% |
5+ Bedrooms | $750K | $722.7K | -3.6% |
Summary: Catawba Springs Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes increased by 0.9%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 3.6%.
Median Sold Price Compared To Nearby Cities
Sherrills Ford | $425K | $428.7K | +0.9% |
Catawba Springs Township | $495.2K | $495K | 0% |
Denver | $488.1K | $477.7K | -2.1% |
Iron Station | $432.1K | $422.5K | -2.2% |
Housing Supply in Catawba Springs Township, NC
How many homes are available in Catawba Springs Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
259 | 283 | +9.3% |
Summary: The Catawba Springs Township real estate market had 283 homes for sale in May 2024, a 9.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 23 | 28 | +21.7% |
3 Bedrooms | 93 | 94 | +1.1% |
4 Bedrooms | 108 | 117 | +8.3% |
5+ Bedrooms | 35 | 44 | +25.7% |
Summary: The Catawba Springs Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 25.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 56 | +5.7% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in Catawba Springs Township in May 2024, up by 5.7% month-over-month. Of the 56 sold homes, 59% were sold under asking, 20% were sold at asking, and 21% were sold over asking.
Days on Market for Catawba Springs Township, NC
How long does it take to sell a home in Catawba Springs Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
38 Days | 35 Days | -8.5% |
Summary: Homes in Catawba Springs Township had an average of 35 days on market in May 2024, down by 8.5% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 56 homes were sold in Catawba Springs Township; 71% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.