Is Claremont, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Claremont is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Claremont has remained a Seller's Market.

Key Takeaway

Claremont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$15,000(+6.7%)

Key Takeaway

Homes in Claremont have sold for 6.7% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $169.2K$173.5K
+2.5%
3 $268.7K$251K
-6.6%
4 $296K$452.5K
+52.9%
5+ $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
+7.5%
Claremont
+6.7%
Conover
+6.5%
Newton Township
+5.0%

Housing Supply in Claremont, NC

How many homes are available in Claremont, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2733+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

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 35
+66.7%
3 1923
+21.1%
4 33
0.0%
5+ 11
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 2024Mar 2024CHANGE
67+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Claremont, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
35 Days78 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

Breakdown of Home Sale Times

Key Takeaway

Most homes in Claremont are taking a long time to sell, it's a good idea to negotiate on homes here.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Claremont, NC

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