Is Catawba, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Catawba was a Buyer's Market.
Housing Prices in Catawba, NC
How much do homes in Catawba, NC cost?
Median Sold Price
$319,999
$158/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Catawba was $319,999 in May 2024, down 5.2% from last month, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $168K | $284K | +69.0% |
3 Bedrooms | $655K | $258K | -60.6% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $314.9K | $320.9K | +1.9% |
Summary: Catawba housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 69%, 3 bedroom homes decreased by 60.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1.9%.
Housing Supply in Catawba, NC
How many homes are available in Catawba, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 49 | +14.0% |
Summary: The Catawba real estate market had 49 homes for sale in May 2024, a 14.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Catawba housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Catawba in May 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Catawba, NC
How long does it take to sell a home in Catawba, NC?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
192 Days | 34 Days | -81.9% |
Summary: Homes in Catawba had an average of 34 days on market in May 2024, down by 81.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Catawba; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.