Is Claremont, 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, Claremont has remained a Seller's Market.
Housing Prices in Claremont, NC
How much do homes in Claremont, NC cost?
Median Sold Price
$238,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Claremont was $238,000 in March 2024, up 6.7% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $169.2K | $173.5K | +2.5% |
3 Bedrooms | $268.7K | $251K | -6.6% |
4 Bedrooms | $296K | $452.5K | +52.9% |
5+ Bedrooms | $267.5K | $315K | +17.8% |
Summary: Claremont housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 52.9%, and 5+ bedroom homes increased by 17.8%.
Median Sold Price Compared To Nearby Cities
Clines Township | $274.6K | $295.1K | +7.5% |
Claremont | $223K | $238K | +6.7% |
Conover | $270K | $287.4K | +6.5% |
Newton Township | $240K | $252K | +5.0% |
Housing Supply in Claremont, NC
How many homes are available in Claremont, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 33 | +22.2% |
Summary: The Claremont real estate market had 33 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 19 | 23 | +21.1% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Claremont housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Claremont in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 78 Days | +118.3% |
Summary: Homes in Claremont had an average of 78 days on market in Mar 2024, up by 118.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Claremont; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.