Is Gaston 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, Gaston County has remained a Seller's Market.
Housing Prices in Gaston County, NC
How much do homes in Gaston County, NC cost?
Median Sold Price
$301,871
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gaston County was $301,871 in April 2024, up 0.6% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $118.5K | $123.5K | +4.2% |
2 Bedrooms | $191.1K | $205K | +7.3% |
3 Bedrooms | $289.7K | $295.1K | +1.9% |
4 Bedrooms | $410.9K | $417.2K | +1.5% |
5+ Bedrooms | $497.7K | $522.8K | +5.0% |
Summary: Gaston County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Counties
Cleveland County | $225.2K | $234.6K | +4.2% |
Mecklenburg County | $415K | $430.9K | +3.8% |
Gaston County | $300.1K | $301.8K | +0.6% |
Lincoln County | $373K | $368.2K | -1.3% |
Housing Supply in Gaston County, NC
How many homes are available in Gaston County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,103 | 1,183 | +7.3% |
Summary: The Gaston County real estate market had 1,183 homes for sale in April 2024, a 7.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 9 | +50.0% |
2 Bedrooms | 173 | 177 | +2.3% |
3 Bedrooms | 644 | 682 | +5.9% |
4 Bedrooms | 202 | 221 | +9.4% |
5+ Bedrooms | 78 | 94 | +20.5% |
Summary: The Gaston County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 20.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
264 | 287 | +8.7% |
Asking Price vs. Sold Price
147 Homes Were Sold
Under Asking
83 Homes Were Sold
At Asking
57 Homes Were Sold
Over Asking
Summary: A total of 287 homes were sold or pending in Gaston County in April 2024, up by 8.7% month-over-month. Of the 287 sold homes, 51% were sold under asking, 29% were sold at asking, and 20% were sold over asking.
Days on Market for Gaston County, NC
How long does it take to sell a home in Gaston County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 39 Days | +6.6% |
Summary: Homes in Gaston County had an average of 39 days on market in Apr 2024, up by 6.6% compared to last year.
Breakdown of Home Sale Times
171 Homes Were Sold
Under 30 Days
75 Homes Were Sold
In 30 - 90 Days
35 Homes Were Sold
Over 90 Days
Summary: During April 2024, 287 homes were sold in Gaston County; 60% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.