Local Market Update for January 2024
A RESEARCH TOOL PROVIDED BY THE CANOPY REALTOR® ASSOCIATION
FOR MORE INFORMATION, CONTACT A REALTOR®
Rowan County
North Carolina
January
Year to Date
Percent Change
Percent Change
Thru 1-2023
Thru 1-2024
Key Metrics
2023
131
2024
135
140
+ 3.1%
- 4.8%
131
147
135
140
+ 3.1%
- 4.8%
- 14.3%
+ 6.2%
+ 7.7%
+ 2.0%
- 12.2%
- 14.9%
- 18.5%
+ 3.1%
--
New Listings
147
Pending Sales
112
96
- 14.3%
+ 6.2%
+ 7.7%
+ 2.0%
- 12.2%
- 14.9%
- 18.5%
+ 3.1%
- 0.7%
112
96
Closed Sales
$243,500
$260,827
92.0%
98
$258,700
$280,829
93.8%
86
$243,500
$260,827
92.0%
98
$258,700
$280,829
93.8%
86
Median Sales Price*
Average Sales Price*
Percent of Original List Price Received*
List to Close
47
40
47
40
Days on Market Until Sale
Cumulative Days on Market Until Sale
Average List Price
54
44
54
44
$305,967
301
$315,537
299
$305,967
--
$315,537
--
Inventory of Homes for Sale
Months Supply of Inventory
1.8
2.2
+ 22.2%
--
--
--
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
January
2023
2024
$258,700
$243,500
112
2.2
135
131
96
1.8
- 14.3%
+ 6.2%
+ 22.2%
+ 3.1%
New Listings
Months Supply
Closed Sales
Median Sales Price
Median Sales Price
Entire Canopy MLS Area —
Rowan County —
Rolling 12-Month Calculation
$400,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
1-2023
1-2024
Current as of February 5, 2024. All data from Canopy MLS, Inc. Report provided by the Canopy Realtor® Association. Report © 2024 ShowingTime.