$239,900
1,304 SqFt
3 Beds
•1 Full Bath
Listing Office: Marc 1 Realty
September 2024
Report Updated 30 Days Ago
Is Cherryville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Cherryville has remained a Seller's Market.
How much do homes in Cherryville, NC cost?
$257,500
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Cherryville was $257,500 in September 2024, up 7.3% from last year, and the median price per square foot was $175.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | $75K | +7.1% |
2 Bedrooms | $165K | $195K | +18.2% |
3 Bedrooms | $249.9K | $260K | +4.0% |
4 Bedrooms | $320K | $345K | +7.8% |
5+ Bedrooms | $397K | $342.5K | -13.7% |
Summary: Cherryville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 13.7%.
Cherryville | $240K | $257.5K | +7.3% |
Cherryville Township | $240K | $254.5K | +6.0% |
Crouse | $269.9K | $254K | -5.9% |
How many homes are available in Cherryville, NC?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
64 | 65 | +1.6% |
Summary: The Cherryville real estate market had 65 homes for sale in September 2024, a 1.6% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 45 | 46 | +2.2% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Cherryville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
7 | 14 | +100.0% |
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Cherryville in September 2024, up by 100.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 36% were sold at asking, and 21% were sold over asking.
How long does it take to sell a home in Cherryville, NC?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
21 Days | 24 Days | +14.7% |
Summary: Homes in Cherryville had an average of 24 days on market in Sep 2024, up by 14.7% compared to last year.
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During September 2024, 14 homes were sold in Cherryville; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% 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 30 Days Ago
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Based on information from Canopy MLS for the period 10/01/2022 - 10/01/2024
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Last updated on: 10/31/2024, 6:21:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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