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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Statesville is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Statesville, NC

How much do homes in Statesville, NC cost?

Median Sold Price

$285,828

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,828(+9.9%)

Key Takeaway

Homes in Statesville have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Statesville was $285,828 in April 2024, up 9.9% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $120K$97.5K
-18.8%
2 $153K$175K
+14.4%
3 $259.9K$270.5K
+4.0%
4 $363.7K$330K
-9.3%
5+ $437.5K$348.9K
-20.2%

Summary: Statesville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 20.2%.

Median Sold Price Compared To Nearby Cities

Statesville Township
+13.2%
Statesville
+9.9%
Bethany Township
+7.7%
Barringer Township
+3.4%
Chambersburg Township
+2.9%

Housing Supply in Statesville, NC

How many homes are available in Statesville, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
416461+10.8%

Summary: The Statesville real estate market had 461 homes for sale in April 2024, a 10.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 5157
+11.8%
3 239259
+8.4%
4 8899
+12.5%
5+ 3745
+21.6%

Summary: The Statesville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 21.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
8487+3.6%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Statesville, you may be able to get a good deal. 49.4% of homes here sold below asking price last month.

Summary: A total of 87 homes were sold or pending in Statesville in April 2024, up by 3.6% month-over-month. Of the 87 sold homes, 49% were sold under asking, 29% were sold at asking, and 22% were sold over asking.

Days on Market for Statesville, NC

How long does it take to sell a home in Statesville, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
45 Days46 Days+2.7%

Summary: Homes in Statesville had an average of 46 days on market in Apr 2024, up by 2.7% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Statesville are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 87 homes were sold in Statesville; 54% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Statesville, NC

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