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The Conover housing market is somewhat competitive, with the median sale price rising to $345K last month, up 14.8% year-over-year, indicating strong overall price growth. However, the median price per square foot declined 7.0% to $185, suggesting that larger or higher-priced homes are driving the increase in median sale prices, while demand for smaller or more compact homes may be softening. This mixed trend reflects steady buyer interest, particularly for higher-value properties, despite some shifts in demand by property type.
Median Sale Price
Median Sale Price per Sq. Ft.
Days on Market
Total Homes Sold
In May 2025, the Conover housing market showed strong price growth, with home prices up 14.8% year-over-year and a median sale price of $345K. Homes sold much faster, averaging 35 days on the market compared to 65 days last year, reflecting increased buyer demand. However, sales volume declined, with 12 homes sold versus 19 a year ago, suggesting limited inventory or fewer listings despite the heightened interest. This combination of rising prices and quicker sales points to a competitive market, particularly for well-priced homes.
The Conover housing market is somewhat competitive, with homes typically selling in about 45 days. On average, properties sell for around 1% below the list price, giving buyers some negotiating room. However, desirable and well-priced homes can attract multiple offers, selling closer to the asking price and going pending in as little as 30 days, indicating steady demand for quality properties despite the moderate overall pace.
Conover, NC was a balanced market in June 2025, indicating that the supply of homes for sale was closely aligned with buyer demand. This balance creates stable conditions where neither buyers nor sellers hold a significant advantage. Homes are selling at a moderate pace, with most transactions involving standard negotiations, while well-priced and desirable properties still attract solid interest. Buyers have time to compare options without facing intense competition, and sellers can secure fair offers if their homes are priced appropriately and presented well.
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