Is Catawba Springs Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Catawba Springs Township has remained a Seller's Market.
Key Takeaway
Catawba Springs Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Catawba Springs Township, NC
How much do homes in Catawba Springs Township, NC cost?
Median Sold Price
$499,400
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Catawba Springs Township have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Catawba Springs Township was $499,400 in June 2024, up 0.9% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $217.5K | -22.3% |
| 2 Bedrooms | $422.5K | $450K | +6.5% |
| 3 Bedrooms | $422.5K | $419.8K | -0.6% |
| 4 Bedrooms | $600K | $617.5K | +2.9% |
| 5+ Bedrooms | $750K | $720K | -4.0% |
Summary: Catawba Springs Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
| Sherrills Ford | $422K | $428.5K | +1.5% |
| Catawba Springs Township | $495.1K | $499.4K | +0.9% |
| Iron Station | $425.7K | $427.5K | 0.4% |
| Denver | $488.9K | $474.9K | -2.9% |
Housing Supply in Catawba Springs Township, NC
How many homes are available in Catawba Springs Township, NC?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 277 | 275 | -0.7% |
Summary: The Catawba Springs Township real estate market had 275 homes for sale in June 2024, a 0.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 27 | 27 | 0.0% |
| 3 Bedrooms | 94 | 82 | -12.8% |
| 4 Bedrooms | 115 | 117 | +1.7% |
| 5+ Bedrooms | 41 | 49 | +19.5% |
Summary: The Catawba Springs Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 19.5%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 62 | 50 | -19.4% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Catawba Springs Township, you may be able to get a good deal. 46% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in Catawba Springs Township in June 2024, down by 19.4% month-over-month. Of the 50 sold homes, 46% were sold under asking, 38% were sold at asking, and 16% were sold over asking.
Days on Market for Catawba Springs Township, NC
How long does it take to sell a home in Catawba Springs Township, NC?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 47 Days | 27 Days | -42.5% |
Summary: Homes in Catawba Springs Township had an average of 27 days on market in Jun 2024, down by 42.5% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Catawba Springs Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 50 homes were sold in Catawba Springs Township; 76% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.