Is Gastonia Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gastonia Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Gastonia Township, NC

How much do homes in Gastonia Township, NC cost?

Median Sold Price

$274,990

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$7(0%)

Key Takeaway

The sold price of homes in Gastonia Township has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $119.7K$144.7K
+20.9%
2 $162K$185K
+14.2%
3 $267.6K$270.8K
+1.2%
4 $393.2K$390.2K
-0.8%
5+ $446.1K$495.6K
+11.1%

Summary: Gastonia Township 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 14.2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Cities

Dallas Township
+3.1%
Dallas
+2.4%
Gastonia Township
0%
Gastonia
-4.7%
Ranlo
-7.5%

Housing Supply in Gastonia Township, NC

How many homes are available in Gastonia Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
521554+6.3%

Summary: The Gastonia Township real estate market had 554 homes for sale in April 2024, a 6.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 55
0.0%
2 7373
0.0%
3 307322
+4.9%
4 101113
+11.9%
5+ 3541
+17.1%

Summary: The Gastonia 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 remained the same, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 17.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
134117-12.7%

Asking Price vs. Sold Price

65 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gastonia Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 117 homes were sold or pending in Gastonia Township in April 2024, down by 12.7% month-over-month. Of the 117 sold homes, 56% were sold under asking, 28% were sold at asking, and 16% were sold over asking.

Days on Market for Gastonia Township, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
42 Days47 Days+9.8%

Summary: Homes in Gastonia Township had an average of 47 days on market in Apr 2024, up by 9.8% compared to last year.

Breakdown of Home Sale Times

57 Homes Were Sold
Under 30 Days

38 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 117 homes were sold in Gastonia Township; 49% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Gastonia Township, NC

Nearby Markets to Gastonia Township, NC

What housing markets are near Gastonia Township, NC?