Is Kings Mountain, 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, Kings Mountain has remained a Seller's Market.
Housing Prices in Kings Mountain, NC
How much do homes in Kings Mountain, NC cost?
Median Sold Price
$239,900
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kings Mountain was $239,900 in April 2024, up 6.6% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $154.5K | +34.3% |
2 Bedrooms | $147.5K | $170.1K | +15.3% |
3 Bedrooms | $234K | $239.9K | +2.6% |
4 Bedrooms | $308.6K | $305.9K | -0.8% |
5+ Bedrooms | $601.6K | $680K | +13.0% |
Summary: Kings Mountain housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.3%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 13%.
Median Sold Price Compared To Nearby Cities
Kings Mountain | $225K | $239.9K | +6.6% |
Crowders Mountain Township | $245K | $250.7K | +2.4% |
Gastonia | $290K | $276.2K | -4.7% |
Housing Supply in Kings Mountain, NC
How many homes are available in Kings Mountain, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 90 | -6.3% |
Summary: The Kings Mountain real estate market had 90 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 13 | 6 | -53.8% |
3 Bedrooms | 60 | 60 | 0.0% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Kings Mountain housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 53.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 16 | -44.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Kings Mountain in April 2024, down by 44.8% month-over-month. Of the 16 sold homes, 75% were sold under asking, 6% were sold at asking, and 19% were sold over asking.
Days on Market for Kings Mountain, NC
How long does it take to sell a home in Kings Mountain, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 44 Days | -18.4% |
Summary: Homes in Kings Mountain had an average of 44 days on market in Apr 2024, down by 18.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Kings Mountain; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.