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  • The Gaston Gazette

    Gaston County home listings asked for more money in July – see the current median price

    By USA TODAY Network,

    2024-08-16

    https://img.particlenews.com/image.php?url=0N74iz_0uzzKmIV00

    The median home in Gaston County listed for $340,250 in July, up 0.4% from the previous month's $338,900, an analysis of data from Realtor.com shows .

    Compared to July 2023, the median home list price decreased 3.2% from $351,450.

    The statistics in this article only pertain to houses listed for sale in Gaston County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.gastongazette.com .

    Gaston County's median home was 1,697 square feet, listed at $201 per square foot. The price per square foot of homes for sale is up 2.9% from July 2023.

    Listings in Gaston County moved steadily, at a median 38 days listed compared to the July national median of 50 days on the market. In the previous month, homes had a median of 40 days on the market. Around 354 homes were newly listed on the market in July, an 18% increase from 300 new listings in July 2023.

    The median home prices issued by Realtor.com may exclude many, or even most, of a market's homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.

    Across the Charlotte-Concord-Gastonia metro area, median home prices fell to $439,400, slightly lower than a month earlier. The median home had 2,018 square feet, at a list price of $223 per square foot.

    In North Carolina, median home prices were $424,319, a slight decrease from June. The median North Carolina home listed for sale had 1,991 square feet, with a price of $221 per square foot.

    Throughout the United States, the median home price was $439,950, a slight decrease from the month prior. The median American home for sale was listed at 1,869 square feet, with a price of $231 per square foot.

    The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.

    The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com .

    This article originally appeared on The Gaston Gazette: Gaston County home listings asked for more money in July – see the current median price

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