Is Catawba County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Catawba County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Catawba County has remained a Seller's Market.

Key Takeaway

Catawba County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Catawba County, NC

How much do homes in Catawba County, NC cost?

Median Sold Price

$289,768

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,131(+7.5%)

Key Takeaway

Homes in Catawba County have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Catawba County was $289,768 in April 2024, up 7.5% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $110K$147.2K
+33.8%
2 $175K$180.9K
+3.4%
3 $264.9K$285K
+7.6%
4 $390K$375.3K
-3.8%
5+ $449K$465K
+3.6%

Summary: Catawba County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.8%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Counties

Caldwell County
+10.1%
Catawba County
+7.5%
Alexander County
+5.4%
Iredell County
+1.2%
Lincoln County
-1.3%

Housing Supply in Catawba County, NC

How many homes are available in Catawba County, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
674782+16.0%

Summary: The Catawba County real estate market had 782 homes for sale in April 2024, a 16.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 56
+20.0%
2 100117
+17.0%
3 392448
+14.3%
4 132162
+22.7%
5+ 4549
+8.9%

Summary: The Catawba County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 8.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
140154+10.0%

Asking Price vs. Sold Price

81 Homes Were Sold
Under Asking

41 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Catawba County, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 154 homes were sold or pending in Catawba County in April 2024, up by 10.0% month-over-month. Of the 154 sold homes, 53% were sold under asking, 27% were sold at asking, and 21% were sold over asking.

Days on Market for Catawba County, NC

How long does it take to sell a home in Catawba County, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
27 Days49 Days+79.2%

Summary: Homes in Catawba County had an average of 49 days on market in Apr 2024, up by 79.2% compared to last year.

Breakdown of Home Sale Times

89 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

29 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Catawba County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 154 homes were sold in Catawba County; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

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