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 March 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

$285,333

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$25,333(+9.7%)

Key Takeaway

Homes in Statesville have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Statesville was $285,333 in March 2024, up 9.7% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $65K$97.5K
+50.0%
2 $150K$166.5K
+11.0%
3 $259.1K$270.8K
+4.5%
4 $349.5K$350K
0.1%
5+ $436.7K$346.4K
-20.7%

Summary: Statesville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 20.7%.

Median Sold Price Compared To Nearby Cities

Statesville Township
+15.1%
Statesville
+9.7%
Barringer Township
+8.4%
Bethany Township
+3.6%
Chambersburg Township
+1.1%

Housing Supply in Statesville, NC

How many homes are available in Statesville, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
400414+3.5%

Summary: The Statesville real estate market had 414 homes for sale in March 2024, a 3.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 4849
+2.1%
3 226241
+6.6%
4 8291
+11.0%
5+ 4332
-25.6%

Summary: The Statesville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 25.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
8471-15.5%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

13 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. 54.9% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in Statesville in March 2024, down by 15.5% month-over-month. Of the 71 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% 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

Mar 2023Mar 2024CHANGE
49 Days60 Days+23.7%

Summary: Homes in Statesville had an average of 60 days on market in Mar 2024, up by 23.7% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

10 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 March 2024, 71 homes were sold in Statesville; 52% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

Newest Listings in Statesville, NC

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