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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cramerton is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Cramerton, NC cost?

Median Sold Price

$340,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$47,630(+16.3%)

Key Takeaway

Homes in Cramerton have sold for 16.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$189.5K
N/A
2 $186K$230.5K
+23.9%
3 $275.8K$340K
+23.2%
4 $438.7K$440K
0.3%
5+ $549.5K$520.7K
-5.2%

Median Sold Price Compared To Nearby Cities

McAdenville
+34.2%
Belmont
+29.7%
Mc Adenville
+26.0%
Cramerton
+16.3%
South Point Township
+12.5%

How many homes are available in Cramerton, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
3127-12.9%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 75
-28.6%
3 910
+11.1%
4 119
-18.2%
5+ 32
-33.3%

Number of Homes Sold

Aug 2022Sep 2022%
1011+10.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cramerton, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
203 Days10 Days-95.1%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cramerton are selling fast, if you're buying plan to act quickly.

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

About Cramerton, NC

There are 27 homes are for sale in Cramerton, NC real estate market. In September 2022 in Cramerton, NC there were 12.9% less homes for sale than in August 2022. In September 2022 median list price was $340,000 and the average listing age was 10 days. Real estate listing prices changed between August 2022 and September 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 23.9%, prices of 3 bedrooms properties went up by 23.2%, prices of 4 bedrooms properties increased by 0.3%, prices of 5 bedrooms properties went down by 5.2%. This housing market inventory have changed: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went down by 28.6%, 3 bedrooms homes inventory increased by 11.1%, the quantity of 4 bedrooms homes went down by 18.2%, the quantity of 5 bedrooms homes went down by 33.3%. Over 6 listings were sold over their listed price in September 2022 in Cramerton, NC. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price.

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