Is High Point, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing High Point is a seller's market

Buyer's
Market

Difference Since February 2022

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

Key Takeaway

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

How much do homes in High Point, NC cost?

Median Sold Price

$241,387

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$40,597(+20.2%)

Key Takeaway

Homes in High Point have sold for 20.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $52K$67.2K
+29.3%
2 $110K$135K
+22.7%
3 $193.9K$235K
+21.2%
4 $306K$360K
+17.6%
5+ $396.5K$405K
+2.1%

Median Sold Price Compared To Nearby Cities

High Point
+20.2%
High Point Township
+18.3%
Jamestown Township
+14.4%
Archdale
+13.5%
Jamestown
-2.1%

How many homes are available in High Point, NC?

Number of Homes For Sale

Jan 2023Feb 2023%
391415+6.1%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 22
0.0%
2 8684
-2.3%
3 170182
+7.1%
4 103115
+11.7%
5+ 3032
+6.7%

Number of Homes Sold

Jan 2023Feb 2023%
83109+31.3%

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in High Point, you may be able to get a good deal. 50.5% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
21 Days37 Days+72.9%

Breakdown of Home Sale Times

68 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in High Point 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 High Point, NC

There are 415 homes are for sale in High Point, NC real estate market. Between January 2023 and February 2023, High Point, NC real estate market has seen increase in the number of listings by 6.1%. The median list price of listings available in February 2023 was $241,387, while the average time on the real estate market was 37 days. This housing market listing prices have changed between January 2023 and February 2023: prices of 1 bedroom properties went up by 29.3%, 2 bedrooms properties became 22.7% more expensive, the cost of 3 bedrooms properties went up by 21.2%, the cost of 4 bedrooms properties went up by 17.6%, prices of 5 bedrooms properties increased by 2.1%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes inventory decreased by 2.3%, the quantity of 3 bedrooms homes went up by 7.1%, number of 4 bedrooms homes increased by 11.7%, volume of 5 bedrooms homes went up by 6.7%. In February 2023, from all listings sold in High Point, NC there were more than 28 sold above asking price, over 55 sold below and more than 26 were sold right at the asked price.

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