Is Caldwell County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Caldwell County has remained a Seller's Market.
Housing Prices in Caldwell County, NC
How much do homes in Caldwell County, NC cost?
Median Sold Price
$241,622
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Caldwell County was $241,622 in March 2024, up 7.4% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $132K | $139.9K | +6.0% |
2 Bedrooms | $169.2K | $165K | -2.5% |
3 Bedrooms | $233.5K | $247.8K | +6.1% |
4 Bedrooms | $313.2K | $287.4K | -8.3% |
5+ Bedrooms | $368.2K | $550K | +49.4% |
Summary: Caldwell County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 49.4%.
Median Sold Price Compared To Nearby Counties
Caldwell County | $225K | $241.6K | +7.4% |
Burke County | $240K | $252K | +5.0% |
Alexander County | $264.9K | $263K | -0.7% |
Avery County | $385.2K | $343.5K | -10.8% |
Housing Supply in Caldwell County, NC
How many homes are available in Caldwell County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
246 | 269 | +9.3% |
Summary: The Caldwell County real estate market had 269 homes for sale in March 2024, a 9.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 48 | 45 | -6.3% |
3 Bedrooms | 139 | 153 | +10.1% |
4 Bedrooms | 43 | 51 | +18.6% |
5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Caldwell County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 64 | +25.5% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Caldwell County in March 2024, up by 25.5% month-over-month. Of the 64 sold homes, 45% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Caldwell County, NC
How long does it take to sell a home in Caldwell County, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 39 Days | +35.4% |
Summary: Homes in Caldwell County had an average of 39 days on market in Mar 2024, up by 35.4% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 64 homes were sold in Caldwell County; 59% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.