Is Clines 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, Clines Township has remained a Seller's Market.
Housing Prices in Clines Township, NC
How much do homes in Clines Township, NC cost?
Median Sold Price
$300,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clines Township was $300,000 in April 2024, up 9.4% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98K | - | N/A |
2 Bedrooms | $182.5K | $192.5K | +5.5% |
3 Bedrooms | $262K | $284.7K | +8.7% |
4 Bedrooms | $330.7K | $369.5K | +11.7% |
5+ Bedrooms | $525K | $505K | -3.8% |
Summary: Clines 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 5.5%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Cities
Hickory | $257K | $286.8K | +11.6% |
Clines Township | $274.3K | $300K | +9.4% |
Conover | $273.2K | $289.9K | +6.1% |
Newton Township | $242.5K | $251.9K | +3.9% |
Claremont | $233K | $232.5K | -0.2% |
Housing Supply in Clines Township, NC
How many homes are available in Clines Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
110 | 115 | +4.5% |
Summary: The Clines Township real estate market had 115 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 80 | 83 | +3.8% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Clines Township 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 25%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 20 | -28.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Clines Township in April 2024, down by 28.6% month-over-month. Of the 20 sold homes, 45% were sold under asking, 45% were sold at asking, and 10% were sold over asking.
Days on Market for Clines Township, NC
How long does it take to sell a home in Clines Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 94 Days | +191.1% |
Summary: Homes in Clines Township had an average of 94 days on market in Apr 2024, up by 191.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Clines Township; 40% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.