Is Gastonia, 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, Gastonia has remained a Seller's Market.
Key Takeaway
Gastonia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gastonia, NC
How much do homes in Gastonia, NC cost?
Median Sold Price
$276,244
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Gastonia have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in Gastonia was $276,244 in April 2024, down 4.7% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119.7K | $144.7K | +20.9% |
| 2 Bedrooms | $160K | $185K | +15.6% |
| 3 Bedrooms | $271.1K | $274.5K | +1.3% |
| 4 Bedrooms | $384.8K | $385K | 0.0% |
| 5+ Bedrooms | $444K | $492.5K | +10.9% |
Summary: Gastonia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Dallas Township | $289.9K | $299K | +3.1% |
| Dallas | $289.9K | $297K | +2.4% |
| Gastonia Township | $274.9K | $274.9K | 0% |
| Gastonia | $290K | $276.2K | -4.7% |
| Ranlo | $285K | $263.5K | -7.5% |
Housing Supply in Gastonia, NC
How many homes are available in Gastonia, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 530 | 563 | +6.2% |
Summary: The Gastonia real estate market had 563 homes for sale in April 2024, a 6.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 72 | 72 | 0.0% |
| 3 Bedrooms | 314 | 328 | +4.5% |
| 4 Bedrooms | 105 | 117 | +11.4% |
| 5+ Bedrooms | 34 | 41 | +20.6% |
Summary: The Gastonia 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 remained the same, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 20.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 135 | 121 | -10.4% |
Asking Price vs. Sold Price
65 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gastonia, you may be able to get a good deal. 53.7% of homes here sold below asking price last month.
Summary: A total of 121 homes were sold or pending in Gastonia in April 2024, down by 10.4% month-over-month. Of the 121 sold homes, 54% were sold under asking, 28% were sold at asking, and 18% were sold over asking.
Days on Market for Gastonia, NC
How long does it take to sell a home in Gastonia, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 46 Days | +9.0% |
Summary: Homes in Gastonia had an average of 46 days on market in Apr 2024, up by 9% compared to last year.
Breakdown of Home Sale Times
60 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gastonia are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 121 homes were sold in Gastonia; 50% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.