Local Market Update for April 2024
A RESEARCH TOOL PROVIDED BY THE CANOPY REALTOR® ASSOCIATION
FOR MORE INFORMATION, CONTACT A REALTOR®
Rowan County
North Carolina
April
2024
Year to Date
Percent Change
Percent Change
Thru 4-2023
Thru 4-2024
Key Metrics
2023
160
189
+ 18.1%
+ 0.6%
- 2.6%
640
634
686
573
+ 7.2%
- 9.6%
- 15.6%
+ 7.0%
+ 9.4%
+ 0.2%
- 1.1%
+ 6.7%
+ 3.9%
+ 18.2%
--
New Listings
156
157
Pending Sales
155
151
570
481
Closed Sales
$261,750
$284,620
98.1%
80
$279,450
$308,897
95.2%
96
+ 6.8%
+ 8.5%
- 3.0%
$257,000
$280,603
94.8%
92
$275,000
$307,005
95.0%
91
Median Sales Price*
Average Sales Price*
Percent of Original List Price Received*
List to Close
+ 20.0%
+ 41.7%
+ 38.1%
+ 25.5%
+ 37.6%
+ 66.7%
36
51
45
48
Days on Market Until Sale
Cumulative Days on Market Until Sale
Average List Price
42
58
51
53
$323,539
237
$406,011
326
$298,495
--
$352,832
--
Inventory of Homes for Sale
Months Supply of Inventory
1.5
2.5
--
--
--
* 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.
April
2023
2024
$279,450
$261,750
189
155
151
2.5
160
1.5
- 2.6%
+ 6.8%
+ 66.7%
+ 18.1%
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 May 5, 2024. All data from Canopy MLS, Inc. Report provided by the Canopy Realtor® Association. Report © 2024 ShowingTime Plus, LLC.