Is Claremont, 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, Claremont has remained a Seller's Market.
Housing Prices in Claremont, NC
How much do homes in Claremont, NC cost?
Median Sold Price
$242,500
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Claremont was $242,500 in June 2024, up 3.2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $172.2K | $173.5K | +0.7% |
3 Bedrooms | $261K | $251K | -3.8% |
4 Bedrooms | $259K | $452.5K | +74.7% |
5+ Bedrooms | $237.5K | $1.2M | +424.2% |
Summary: Claremont housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 74.7%, and 5+ bedroom homes increased by 424.2%.
Median Sold Price Compared To Nearby Cities
Clines Township | $276.3K | $295.5K | +6.9% |
Claremont | $235K | $242.5K | +3.2% |
Newton Township | $247.3K | $251.4K | +1.6% |
Conover | $282.9K | $285K | +0.7% |
Housing Supply in Claremont, NC
How many homes are available in Claremont, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
38 | 34 | -10.5% |
Summary: The Claremont real estate market had 34 homes for sale in June 2024, a 10.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 24 | 20 | -16.7% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Claremont housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
11 | 6 | -45.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Claremont in June 2024, down by 45.5% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Claremont, NC
How long does it take to sell a home in Claremont, NC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
23 Days | 58 Days | +150.2% |
Summary: Homes in Claremont had an average of 58 days on market in Jun 2024, up by 150.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 6 homes were sold in Claremont; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.