Is Statesville, 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, Statesville has remained a Seller's Market.
Housing Prices in Statesville, NC
How much do homes in Statesville, NC cost?
Median Sold Price
$294,250
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Statesville was $294,250 in May 2024, up 13.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $97.5K | -18.8% |
2 Bedrooms | $158K | $180K | +13.9% |
3 Bedrooms | $259.9K | $279.9K | +7.7% |
4 Bedrooms | $360K | $340K | -5.6% |
5+ Bedrooms | $435.5K | $344.4K | -20.9% |
Summary: Statesville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 20.9%.
Median Sold Price Compared To Nearby Cities
Statesville Township | $257.1K | $295.6K | +15.0% |
Statesville | $260K | $294.2K | +13.2% |
Bethany Township | $280.5K | $300.1K | +7.0% |
Chambersburg Township | $305K | $324.9K | +6.5% |
Barringer Township | $361.4K | $359.3K | -0.6% |
Housing Supply in Statesville, NC
How many homes are available in Statesville, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
492 | 527 | +7.1% |
Summary: The Statesville real estate market had 527 homes for sale in May 2024, a 7.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 55 | 53 | -3.6% |
3 Bedrooms | 268 | 284 | +6.0% |
4 Bedrooms | 112 | 128 | +14.3% |
5+ Bedrooms | 56 | 60 | +7.1% |
Summary: The Statesville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
97 | 114 | +17.5% |
Asking Price vs. Sold Price
58 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 114 homes were sold or pending in Statesville in May 2024, up by 17.5% month-over-month. Of the 114 sold homes, 51% were sold under asking, 30% were sold at asking, and 19% were sold over asking.
Days on Market for Statesville, NC
How long does it take to sell a home in Statesville, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 42 Days | -0.4% |
Summary: Homes in Statesville had an average of 42 days on market in May 2024, down by 0.4% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During May 2024, 114 homes were sold in Statesville; 51% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.