Is Catawba 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, 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
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
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $147.2K | +13.2% |
| 2 Bedrooms | $174.6K | $179.9K | +3.1% |
| 3 Bedrooms | $261.1K | $284.9K | +9.1% |
| 4 Bedrooms | $401K | $373.1K | -6.9% |
| 5+ Bedrooms | $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 | $266.1K | $289.6K | +8.9% |
| Caldwell County | $225K | $241.6K | +7.4% |
| Iredell County | $378.3K | $383K | +1.2% |
| Alexander County | $264.9K | $263K | -0.7% |
| Lincoln County | $377K | $368.5K | -2.3% |
Housing Supply in Catawba County, NC
How many homes are available in Catawba County, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 630 | 689 | +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
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 84 | 102 | +21.4% |
| 3 Bedrooms | 375 | 402 | +7.2% |
| 4 Bedrooms | 129 | 140 | +8.5% |
| 5+ Bedrooms | 36 | 40 | +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 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 129 | 129 | 0.0% |
Asking Price vs. Sold Price
69 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
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 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 43 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
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.
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