$2,553 Closing Credit*
$215,000
1,218 SqFt
3 Beds
•2 Full Baths
Listing Office: Carolinas One Source Realty LLC
Is Kings Mountain, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Kings Mountain was a Seller's Market.
Key Takeaway
Kings Mountain is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kings Mountain, NC
How much do homes in Kings Mountain, NC cost?
Median Sold Price
$269,666
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$37,166(+16.0%)
Key Takeaway
Homes in Kings Mountain have sold for 16% more than they did a year ago.
Summary: The median home sold price in Kings Mountain was $269,666 in September 2024, up 16% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $117K | -19.3% |
| 2 Bedrooms | $163.5K | $162.5K | -0.6% |
| 3 Bedrooms | $240.2K | $268K | +11.6% |
| 4 Bedrooms | $301.4K | $349K | +15.8% |
| 5+ Bedrooms | $441.4K | $725K | +64.2% |
Summary: Kings Mountain housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.3%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 64.2%.
Median Sold Price Compared To Nearby Cities
| Kings Mountain | $232.5K | $269.6K | +16.0% |
| Crowders Mountain Township | $245K | $252.8K | +3.2% |
| Gastonia | $280.1K | $285.4K | +1.9% |
Housing Supply in Kings Mountain, NC
How many homes are available in Kings Mountain, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 135 | 135 | 0.0% |
Summary: The Kings Mountain real estate market had 135 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 17 | 14 | -17.6% |
| 3 Bedrooms | 79 | 79 | 0.0% |
| 4 Bedrooms | 28 | 31 | +10.7% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Kings Mountain housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 29 | 15 | -48.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kings Mountain, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Kings Mountain in September 2024, down by 48.3% month-over-month. Of the 15 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Kings Mountain, NC
How long does it take to sell a home in Kings Mountain, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 26 Days | 67 Days | +155.8% |
Summary: Homes in Kings Mountain had an average of 67 days on market in Sep 2024, up by 155.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kings Mountain has remained consistent over time.
Summary: During September 2024, 15 homes were sold in Kings Mountain; 33% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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