Gastonia-area home prices fall 2.2% in March, with houses for sale in high demand

Judith Zeng
Home for sale on Home Trail in Gastonia Thursday morning, May 5, 2022.

Residence for sale on House Trail in Gastonia Thursday early morning, May well 5, 2022.

A standard Gaston County residence listed for $283,750 in March, down 2.2% from a month earlier, an examination of info from Real estate agent.com exhibits.

The median checklist house cost in March was up about 4.2% from March 2021. Gaston County’s median house was 1,578 square toes for a shown selling price of $186 for every sq. foot.

The Gaston County industry was occupied, with a median 24 times on sector. The marketplace added 256 new home listings in March, in comparison with the 256 extra in March 2021. The current market finished the thirty day period with some 161 listings of households for sale.

Information on your local housing sector is out there as a result of the Usa Today Community, with extra data from Realtor.com.

Throughout metro Charlotte, median dwelling prices rose to $409,500, up 2.6% from a month earlier. The median home experienced 1,985 sq. ft, at a record value of $208 for each square foot.

Throughout all of North Carolina, median household costs had been $375,644, soaring 1.6% from a month previously. The median North Carolina household for sale experienced 1,950 sq. ft at list value of $199 for each sq. foot.

Throughout the United States, median home charges were $404,950, up 3.2% from a thirty day period earlier. The median American household for sale experienced 1,800 sq. ft, mentioned at $214 for each sq. foot.

The median house checklist price tag — the midway level of all the houses or units listed in excess of a period of time — is used additional typically in this report as an alternative of the common property list selling price due to the fact industry experts say the median presents a extra exact watch of what is actually going on in a market. In finding the normal selling price, all rates of houses stated are included and then divided by the variety of properties sold. This measure can be skewed by one low or significant cost.

The United states of america Right now Network is publishing localized variations of this tale on its news internet sites across the place, generated with info from the Realtor.com household listings database.. The story was penned by Mike Stucka and Sean Lahman.

Melissa Holland looks out over her neighborhood in the front yard of her family’s house that they rent at the Enclave at Cramer Woods Tuesday afternoon, Oct. 19, 2021.

Melissa Holland appears to be like out more than her neighborhood in the front lawn of her family’s household that they rent at the Enclave at Cramer Woods Tuesday afternoon, Oct. 19, 2021.

This short article initially appeared on The Gaston Gazette: Gastonia-place houses for sale rise to $283,750 median price

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