Is Cleveland Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cleveland Township has remained a Seller's Market.
Housing Prices in Cleveland Township, NC
How much do homes in Cleveland Township, NC cost?
Median Sold Price
$400,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cleveland Township was $400,000 in April 2024, down 6.1% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $247K | $365K | +47.8% |
3 Bedrooms | $375K | $365K | -2.7% |
4 Bedrooms | $472.1K | $462.2K | -2.1% |
5+ Bedrooms | $608.7K | $557.5K | -8.4% |
Summary: Cleveland Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.8%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 8.4%.
Median Sold Price Compared To Nearby Cities
Pleasant Grove Township | $380.5K | $385K | +1.2% |
Elevation Township | $354.9K | $343.9K | -3.1% |
Clayton Township | $384.9K | $370K | -3.9% |
Willow Spring | $422.2K | $405K | -4.1% |
Cleveland Township | $426.1K | $400K | -6.1% |
Housing Supply in Cleveland Township, NC
How many homes are available in Cleveland Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
125 | 133 | +6.4% |
Summary: The Cleveland Township real estate market had 133 homes for sale in April 2024, a 6.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 73 | 73 | 0.0% |
4 Bedrooms | 34 | 40 | +17.6% |
5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The Cleveland Township 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 decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 31 | -11.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Cleveland Township in April 2024, down by 11.4% month-over-month. Of the 31 sold homes, 61% were sold under asking, 23% were sold at asking, and 16% were sold over asking.
Days on Market for Cleveland Township, NC
How long does it take to sell a home in Cleveland Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
101 Days | 68 Days | -32.9% |
Summary: Homes in Cleveland Township had an average of 68 days on market in Apr 2024, down by 32.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Cleveland Township; 58% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.