Is Statesville, 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, Statesville has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | $97.5K | +50.0% |
2 Bedrooms | $150K | $166.5K | +11.0% |
3 Bedrooms | $259.1K | $270.8K | +4.5% |
4 Bedrooms | $349.5K | $350K | 0.1% |
5+ Bedrooms | $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 | $251.9K | $289.9K | +15.1% |
Statesville | $260K | $285.3K | +9.7% |
Barringer Township | $336.5K | $365K | +8.4% |
Bethany Township | $288.6K | $299K | +3.6% |
Chambersburg Township | $319.9K | $323.4K | +1.1% |
Housing Supply in Statesville, NC
How many homes are available in Statesville, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
400 | 414 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 48 | 49 | +2.1% |
3 Bedrooms | 226 | 241 | +6.6% |
4 Bedrooms | 82 | 91 | +11.0% |
5+ Bedrooms | 43 | 32 | -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 2024 | Mar 2024 | CHANGE |
---|---|---|
84 | 71 | -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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 60 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
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.