Search Conover, North Carolina homes for sale with real estate expert, The Joan Killian Everett Company.
The Conover housing market is moderately competitive. Last month, the median home sale price in Conover was $319K, reflecting a slight decrease of 0.18% compared to the previous year. Additionally, the median price per square foot dropped by 1.8%, now standing at $167.
Median Sale Price
Median Sale Price per Sq. Ft.
Days on Market
Total Homes Sold
In November 2024, Conover home prices experienced a slight decline of 0.18% compared to the previous year, with a median sale price of $319K. Homes in Conover are staying on the market longer, averaging 90 days compared to just 48 days last year, suggesting a slower pace of sales. Despite this, the number of homes sold increased to 15, up from 13 in the same period last year, indicating steady buyer interest. This shift in market dynamics may offer buyers more time to evaluate their options, while sellers should consider competitive pricing to attract offers.
Conover is a moderately competitive housing market. On average, homes take about 85.5 days to sell, with some properties receiving multiple offers. Most homes sell for approximately 2% below the list price and typically go under contract within 86 days. However, highly desirable "hot homes" often sell at or near the list price and can go pending in as little as 49 days. This market offers opportunities for both buyers and sellers, with buyers having time to explore options and sellers benefiting from increased interest in standout properties.
In November 2024, Conover, NC was a balanced market, meaning the supply of homes matched the demand. This equilibrium creates a fair environment for both buyers and sellers, with neither holding a significant advantage. It’s a great time to explore opportunities, whether you're looking to buy or sell in Conover.
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