Listing Office: Team Thomas & Associates Realty Inc.
Cleveland County Housing Market Report December 2024•Cleveland County, North Carolina
Housing Prices in Cleveland County, NC
How much do homes in Cleveland County, NC cost?
Housing Market Conditions
Is Cleveland County, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cleveland County is a Buyer's Market
Difference Since December 2023
At the same time last year, Cleveland County was a Seller's Market.
Cleveland County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Cleveland County have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Cleveland County was $253,544 in December 2024, up 9.2% from last year, and the median price per square foot was $168.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Cleveland County | $232.2K | $253.5K | +9.2% |
Rutherford County | $259.5K | $274.4K | +5.8% |
Burke County | $250.2K | $264.5K | +5.7% |
Gaston County | $299.8K | $316K | +5.4% |
Lincoln County | $374.5K | $392K | +4.7% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $134.5K | $97.5K | -27.5% |
22 Bedrooms | $168.4K | $175K | +3.9% |
33 Bedrooms | $237.1K | $252.9K | +6.7% |
44 Bedrooms | $280K | $317K | +13.2% |
55+ Bedrooms | $382.5K | $380K | -0.7% |
Summary: Cleveland County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -27.5%. The home price for 2 bedroom homes increased by +3.9%. The home price for 3 bedroom homes increased by +6.7%. The home price for 4 bedroom homes increased by +13.2%. The home price for 5 bedroom homes decreased by -0.7%.
Housing supply in Cleveland County, NC
How many homes are available in Cleveland County, NC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
523Last MonthDec 2024 | ||
4952 months agoNov 2024 | +5.7 % Change MoMNov – Dec |
Summary: The Cleveland County real estate market had 523 homes for sale in Dec 2024, a 5.7 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
58Last MonthDec 2024 | ||
702 months agoNov 2024 | -17.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 6 | 7 | +16.7% |
22 Bedrooms | 66 | 72 | +9.1% |
33 Bedrooms | 299 | 310 | +3.7% |
44 Bedrooms | 92 | 100 | +8.7% |
55+ Bedrooms | 32 | 34 | +6.3% |
Summary: Cleveland County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +16.7%. The inventory for 2 bedroom homes increased by +9.1%. The inventory for 3 bedroom homes increased by +3.7%. The inventory for 4 bedroom homes increased by +8.7%. The inventory for 5 bedroom homes increased by +6.3%.
Asking Price vs. Sold Price
How much do homes in Cleveland County, NC cost?
Over Asking Price7 Homes
At Asking Price13 Homes
Under Asking Price38 Homes
If you're buying a home in Cleveland County, you may be able to get a good deal. 65.5% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in Cleveland County in December 2024, down by 17.1% month-over-month. Of the 58 sold homes, 66% were sold under asking, 22% were sold at asking, and and 12% were sold over asking.
Days on Market for Cleveland County, NC
How long does it take to sell a home in Cleveland County, NC?
Breakdown of Home Sale Times
Under 30 Days26 Homes
30 – 90 Days22 Homes
Over 90 Days9 Homes
Many homes in Cleveland County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 58 homes were sold in Cleveland County; 45% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
55 DaysThis YearDec 2024 | ||
31 Days1 year agoDec 2023 | +74.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Cleveland County had an average listing age of 55 days in Dec 2024, up by 74.4% compared to the previous year.
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Newest Listings in Cleveland County, NC
What homes are available in Cleveland County, NC?
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:51:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information provided exclusively for consumers' 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.