Is Catawba, 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, Catawba has remained a Buyer's Market.
Key Takeaway
Catawba is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Catawba, NC
How much do homes in Catawba, NC cost?
Median Sold Price
$314,999
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Catawba have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in Catawba was $314,999 in April 2024, down 6.1% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $70.7K | N/A |
| 2 Bedrooms | $172.4K | $450K | +160.9% |
| 3 Bedrooms | $308.1K | $311.4K | +1.1% |
| 4 Bedrooms | $700K | $340K | -51.4% |
| 5+ Bedrooms | $639.2K | $512.4K | -19.8% |
Summary: Catawba housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 160.9%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 51.4%, and 5+ bedroom homes decreased by 19.8%.
Median Sold Price Compared To Nearby Cities
| Catawba Township | $275K | $285K | +3.6% |
| Catawba | $335.3K | $314.9K | -6.1% |
Housing Supply in Catawba, NC
How many homes are available in Catawba, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 42 | +55.6% |
Summary: The Catawba real estate market had 42 homes for sale in April 2024, a 55.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 4 | 15 | +275.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Catawba housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 275%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Catawba, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Catawba in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Catawba, NC
How long does it take to sell a home in Catawba, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 192 Days | +444.1% |
Summary: Homes in Catawba had an average of 192 days on market in Apr 2024, up by 444.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Catawba are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Catawba; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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