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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clemmons is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Clemmons, NC

How much do homes in Clemmons, NC cost?

Median Sold Price

$384,850

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,178(+2.7%)

Key Takeaway

Homes in Clemmons have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Clemmons was $384,850 in April 2024, up 2.7% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $90K$60K
-33.3%
2 $191K$215K
+12.6%
3 $332.9K$342K
+2.7%
4 $447.2K$464.4K
+3.8%
5+ $520K$583.5K
+12.2%

Summary: Clemmons housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 12.2%.

Median Sold Price Compared To Nearby Cities

Clemmonsville Township
+6.6%
Lewisville
+4.1%
Clemmons
+2.7%
Lewisville Township
-1.3%
South Fork Township
-3.0%

Housing Supply in Clemmons, NC

How many homes are available in Clemmons, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
124126+1.6%

Summary: The Clemmons real estate market had 126 homes for sale in April 2024, a 1.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 813
+62.5%
3 5354
+1.9%
4 5148
-5.9%
5+ 1210
-16.7%

Summary: The Clemmons housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 62.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3736-2.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clemmons, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Clemmons in April 2024, down by 2.7% month-over-month. Of the 36 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Clemmons, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
27 Days17 Days-36.3%

Summary: Homes in Clemmons had an average of 17 days on market in Apr 2024, down by 36.3% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 36 homes were sold in Clemmons; 89% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 3% 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

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