Maurice Barnes' Market Report

Gastonia, NC

Single-Family Homes

Keller Williams Realty | 704-610-4112 | maurice.barnes@kw.com



Gastonia, NC

Sat Mar 02 2024
This week the median list price for Gastonia, NC is $332,900 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has decreased to 257. Click here to stay informed with the Gastonia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Gastonia, NC

Sat Mar 02 2024
This week the median list price for Gastonia, NC is $332,900 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has decreased to 257. Click here to stay informed with the Gastonia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Gastonia market.
Median List Price $332,900
Median Price of New Listings $339,900
Per Square Foot $197
Average Days on Market 69
Median Days on Market 49
Price Decreased 42%
Price Increased 7%
Relisted 9%
Inventory 257
Median Rent
Market Action 42
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$494,000 2,639 8,000 - 10,000 sqft 4 3 2 14 10 49
$377,000 1,995 0.25 - 0.5 acre 4 2.5 8 8 6 56
$294,999 1,385 0.25 - 0.5 acre 3 2 17 11 8 38
$235,000 1,036 0.25 - 0.5 acre 3 1.5 64 8 15 63