See how much homes prices rose in Cleveland County recently
Newly released data from Realtor.com for September shows that potential buyers and sellers in Cleveland County saw higher home sale prices than the previous month's median of $248,000.
The median home sold for $293,250, an analysis of data from Realtor.com shows. That means September, the most recent month for which figures are available, was up 18.2% from August.
Compared to September 2024, the median home sales price was up 9% compared to $269,000.
Realtor.com sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data.
Information on your local housing market, along with other useful community data, is available at data.shelbystar.com .
Here is a breakdown on median sale prices:
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Looking only at single-family homes, the $293,250 median selling price in Cleveland County was up 18.2% in September from $248,000 the month prior. Since September 2024, the sales price of single-family homes was up 9% from a median of $269,000.Twenty-four single family homes sold for $1 million or more during the month, compared to two recorded transactions of at least $1 million in September 2024.
About recorded home sales in Cleveland County in North Carolina
In September, the number of recorded sales in Cleveland County rose by 13.6% since September 2024 — from 125 to 142. All residential home sales totaled $77.1 million.
Across North Carolina, homes sold at a median of $354,782 during September, down 1.4% from $360,000 in August. There were 13,638 recorded sales across the state during September, down 5.7% from 14,457 recorded sales in September 2024.
Here's a breakdown for the full state:
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The total value of recorded residential home sales in North Carolina decreased by 4.5% from $7.6 billion in August to $7.3 billion this September.
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Out of all residential home sales in North Carolina, 8.1% of homes sold for at least $1 million in September, down from 9.67% in September 2024.
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Sales prices of single-family homes across North Carolina decreased by 2.5% from a median of $365,000 in August to $355,792 in September. Since September 2024, the sales price of single-family homes across the state was down 2.5% from $365,000.
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Across the state, the sales price of condominiums and townhomes rose 3.4% from a median of $330,000 in August to $341,250 during September. The median sales price of condominiums and townhomes is down 2.5% from the median of $350,000 in September 2024.
The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale.
USA TODAY Co. is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com . Please leave any feedback or corrections for this story here . This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us.
This article originally appeared on The Shelby Star: See how much homes prices rose in Cleveland County recently
