$9,441 Closing Credit*
$795,000
2,367 SqFt
3 Beds
•3 Full Baths
Listing Office: Helen Adams Realty
Is Cornelius, 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, Cornelius has remained a Seller's Market.
Key Takeaway
Cornelius is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cornelius, NC
How much do homes in Cornelius, NC cost?
Median Sold Price
$551,642
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$47,380(+9.4%)
Key Takeaway
Homes in Cornelius have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Cornelius was $551,642 in September 2024, up 9.4% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $539K | $190.2K | -64.7% |
| 2 Bedrooms | $325K | $324K | -0.3% |
| 3 Bedrooms | $494.3K | $524K | +6.0% |
| 4 Bedrooms | $767.5K | $732.5K | -4.6% |
| 5+ Bedrooms | $1.7M | $1.5M | -9.2% |
Summary: Cornelius housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.7%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Cities
| Cornelius | $504.2K | $551.6K | +9.4% |
| Davidson | $625.3K | $640.2K | +2.4% |
| Huntersville | $524.6K | $534.4K | +1.9% |
Housing Supply in Cornelius, NC
How many homes are available in Cornelius, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 218 | 214 | -1.8% |
Summary: The Cornelius real estate market had 214 homes for sale in September 2024, a 1.8% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 47 | 42 | -10.6% |
| 3 Bedrooms | 88 | 96 | +9.1% |
| 4 Bedrooms | 53 | 44 | -17.0% |
| 5+ Bedrooms | 30 | 32 | +6.7% |
Summary: The Cornelius 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 decreased by 10.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 56 | 43 | -23.2% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cornelius, you may be able to get a good deal. 69.8% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in Cornelius in September 2024, down by 23.2% month-over-month. Of the 43 sold homes, 70% were sold under asking, 16% were sold at asking, and 14% were sold over asking.
Days on Market for Cornelius, NC
How long does it take to sell a home in Cornelius, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 26 Days | 27 Days | +3.4% |
Summary: Homes in Cornelius had an average of 27 days on market in Sep 2024, up by 3.4% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cornelius are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 43 homes were sold in Cornelius; 70% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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