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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Davidson is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Davidson, NC cost?

Median Sold Price

$540,249

$259/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$36,982(+7.3%)

Key Takeaway

Homes in Davidson have sold for 7.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$290K
N/A
2 $303K$330K
+8.9%
3 $430K$497.3K
+15.7%
4 $628K$799K
+27.2%
5+ $800K$1.0M
+31.4%

Median Sold Price Compared To Nearby Cities

Davidson Township
+30.3%
Cornelius
+20.9%
Coddle Creek Township
+20.4%
Kannapolis
+19.2%
Davidson
+7.3%

How many homes are available in Davidson, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
121108-10.7%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 1914
-26.3%
3 3731
-16.2%
4 4341
-4.7%
5+ 2121
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
3233+3.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Davidson, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
15 Days9 Days-40.4%

Breakdown of Home Sale Times

32 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 Davidson 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 Davidson, NC

There are 108 homes are for sale in Davidson, NC real estate market. In September 2022 in Davidson, NC there were 10.7% less homes for sale than in August 2022. The median list price of listings available in September 2022 was $540,249, while the average time on the real estate market was 9 days. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 8.9%, prices of 3 bedrooms properties increased by 15.7%, 4 bedrooms properties prices increased by 27.2%, prices of 5 bedrooms properties went up by 31.4%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes decreased by 26.3%, the quantity of 3 bedrooms homes went down by 16.2%, 4 bedrooms homes became 4.7% less available, volume of 5 bedrooms homes stayed the same. While more than 15 listings in Davidson, NC in September 2022 were sold above asking price, there were more than 7 listings sold at asking price, and more than 11 were sold below.

Related Housing Market Reports