Is Gastonia, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Gastonia has remained a Seller's Market.
Housing Prices in Gastonia, NC
How much do homes in Gastonia, NC cost?
Median Sold Price
$275,821
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Gastonia was $275,821 in March 2024, down 5% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $124.5K | $120.2K | -3.4% |
2 Bedrooms | $165K | $185K | +12.1% |
3 Bedrooms | $270.6K | $273.5K | +1.1% |
4 Bedrooms | $387K | $382K | -1.3% |
5+ Bedrooms | $469K | $492K | +4.9% |
Summary: Gastonia housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Cities
Dallas | $290K | $299K | +3.1% |
Dallas Township | $290.9K | $299K | +2.8% |
Gastonia Township | $274.5K | $273.7K | -0.3% |
Gastonia | $290.3K | $275.8K | -5.0% |
Ranlo | $287.5K | $272K | -5.4% |
Housing Supply in Gastonia, NC
How many homes are available in Gastonia, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
505 | 563 | +11.5% |
Summary: The Gastonia real estate market had 563 homes for sale in March 2024, a 11.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 66 | 80 | +21.2% |
3 Bedrooms | 289 | 325 | +12.5% |
4 Bedrooms | 107 | 111 | +3.7% |
5+ Bedrooms | 40 | 42 | +5.0% |
Summary: The Gastonia housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
106 | 133 | +25.5% |
Asking Price vs. Sold Price
70 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 133 homes were sold or pending in Gastonia in March 2024, up by 25.5% month-over-month. Of the 133 sold homes, 53% were sold under asking, 31% were sold at asking, and 17% were sold over asking.
Days on Market for Gastonia, NC
How long does it take to sell a home in Gastonia, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 54 Days | -1.0% |
Summary: Homes in Gastonia had an average of 54 days on market in Mar 2024, down by 1% compared to last year.
Breakdown of Home Sale Times
68 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Summary: During March 2024, 133 homes were sold in Gastonia; 51% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.