Is Caswell County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Caswell County has remained a Seller's Market.
Key Takeaway
Caswell County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Caswell County, NC
How much do homes in Caswell County, NC cost?
Median Sold Price
$250,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Caswell County have sold for 19% more than they did a year ago.
Summary: The median home sold price in Caswell County was $250,000 in April 2024, up 19% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $223.7K | $64.9K | -71.0% |
| 2 Bedrooms | $162.8K | $173.2K | +6.4% |
| 3 Bedrooms | $202.5K | $223.2K | +10.2% |
| 4 Bedrooms | $285K | $417.4K | +46.5% |
| 5+ Bedrooms | - | $305K | N/A |
Summary: Caswell County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 46.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Pittsylvania County | $177.5K | $215K | +21.1% |
| Caswell County | $210K | $250K | +19.0% |
| Person County | $285K | $299.9K | +5.3% |
| Rockingham County | $189K | $195K | +3.2% |
| Alamance County | $319.3K | $315.3K | -1.2% |
Housing Supply in Caswell County, NC
How many homes are available in Caswell County, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 37 | +15.6% |
Summary: The Caswell County real estate market had 37 homes for sale in April 2024, a 15.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 23 | 26 | +13.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Caswell County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Caswell County, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Caswell County in April 2024, up by 57.1% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for Caswell County, NC
How long does it take to sell a home in Caswell County, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 53 Days | +22.9% |
Summary: Homes in Caswell County had an average of 53 days on market in Apr 2024, up by 22.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Caswell County has remained consistent over time.
Summary: During April 2024, 11 homes were sold in Caswell County; 27% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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