Is Gaston County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gaston County is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Gaston County, NC cost?

Median Sold Price

$293,845

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$45,399(+18.3%)

Key Takeaway

Homes in Gaston County have sold for 18.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $95K$105.9K
+11.5%
2 $154.2K$185.3K
+20.2%
3 $236.8K$279.9K
+18.2%
4 $340K$399.1K
+17.4%
5+ $402.6K$477.7K
+18.6%

Median Sold Price Compared To Nearby Counties

Cleveland County
+22.6%
Gaston County
+18.3%
Lincoln County
+17.7%
Mecklenburg County
+17.6%
York County
+16.2%

How many homes are available in Gaston County, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
1,1541,119-3.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 107
-30.0%
2 193182
-5.7%
3 646634
-1.9%
4 241233
-3.3%
5+ 6463
-1.6%

Number of Homes Sold

Aug 2022Sep 2022%
322280-13.0%

Asking Price vs. Sold Price

135 Homes Were Sold
Under Asking

63 Homes Were Sold
At Asking

82 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gaston County, you may be able to get a good deal. 48.2% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
17 Days23 Days+32.3%

Breakdown of Home Sale Times

210 Homes Were Sold
Under 30 Days

54 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gaston County 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 Gaston County, NC

Homes for sale in Gaston County, NC have reached 1,119. In September 2022 in Gaston County, NC there were 3% less homes for sale than in August 2022. While the average time on the market in September 2022 was 23 days, the median list price was $293,845. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 11.5%, prices of 2 bedrooms properties went up by 20.2%, prices of 3 bedrooms properties increased by 18.2%, prices of 4 bedrooms properties increased by 17.4%, 5 bedrooms properties prices increased by 18.6%. This housing market inventory have changed: 1 bedroom homes became 30% less available, volume of 2 bedrooms homes went down by 5.7%, volume of 3 bedrooms homes went down by 1.9%, the quantity of 4 bedrooms homes went down by 3.3%, 5 bedrooms homes became 1.6% less available. In September 2022 more than 82 listings in Gaston County, NC were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 135 were sold below.

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