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 March 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

$289,675

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$23,573(+8.9%)

Key Takeaway

Homes in Catawba County have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Catawba County was $289,675 in March 2024, up 8.9% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $130K$147.2K
+13.2%
2 $174.6K$179.9K
+3.1%
3 $261.1K$284.9K
+9.1%
4 $401K$373.1K
-6.9%
5+ $490K$429.2K
-12.4%

Summary: Catawba County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 12.4%.

Median Sold Price Compared To Nearby Counties

Catawba County
+8.9%
Caldwell County
+7.4%
Iredell County
+1.2%
Alexander County
-0.7%
Lincoln County
-2.3%

Housing Supply in Catawba County, NC

How many homes are available in Catawba County, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
630689+9.4%

Summary: The Catawba County real estate market had 689 homes for sale in March 2024, a 9.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 65
-16.7%
2 84102
+21.4%
3 375402
+7.2%
4 129140
+8.5%
5+ 3640
+11.1%

Summary: The Catawba County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1291290.0%

Asking Price vs. Sold Price

69 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

29 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. 53.5% of homes here sold below asking price last month.

Summary: A total of 129 homes were sold or pending in Catawba County in March 2024, the same as the previous month. Of the 129 sold homes, 53% were sold under asking, 24% were sold at asking, and 22% 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

Mar 2023Mar 2024CHANGE
36 Days43 Days+19.6%

Summary: Homes in Catawba County had an average of 43 days on market in Mar 2024, up by 19.6% compared to last year.

Breakdown of Home Sale Times

83 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

20 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 March 2024, 129 homes were sold in Catawba County; 64% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 16% 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 20 Days Ago

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