Cherryville, NC

Leaning buyer's+19.3% YoY

Housing market overview · Updated weekly

$247,450median sale price

Homes sold

10

Last 12 weeks

Days on market

123

Average pace

Active listings

37

3.7 months supply

Sale-to-list

94.9%

Below asking

The Cherryville housing market is currently classified as a leaning buyer's with a median sale price of $247,450. Prices have risen 19.3% compared to last year, with homes spending an average of 123 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Cherryville

There are currently 37 homes listed for sale in Cherryville, North Carolina. The median listing price is $244K.

Active listings

37

Homes on market

Median list price

$244K

Avg. days on market

123

Days until sale

New this week

9

Newly listed

Price drops:40.5%of listings
Sale-to-list:94.9%

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Frequently asked questions

What is the average home price in Cherryville?

The median home sale price in Cherryville is $247,450, up 19.3% from last year.

How long do homes stay on market in Cherryville?

Homes typically spend 123 days on market before going under contract.

Is Cherryville a buyer's or seller's market?

With 3.7 months of supply, Cherryville is currently a leaning buyer's.

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