According to an analysis of Realtor.com data, the average home in Gaston County was listed for $340,250 in July, up 0.4% from the previous month’s price of $338,900.
Compared to July 2023, the median home list price decreased 3.2% from $351,450.
The statistics in this article refer only to homes for sale in Gaston County, not homes that have sold. For information on your local real estate market as well as other useful community data, visit data.gastongazette.com.
The median home in Gaston County was 1,697 square feet and cost $201 per square foot. The price per square foot of homes for sale has increased 2.9% since July 2023.
Listings in Gaston County moved steadily, with a median on-market time of 38 days compared to a national median of 50 days in July. The previous month, homes were on the market for a median of 40 days. There were about 354 homes newly listed on the market in July, an 18% increase from 300 new listings in July 2023.
Median home prices published by Realtor.com may exclude many or even most homes in a market. Price and volume refer only to single-family homes, condos or townhomes. They include existing homes but exclude most new construction and pending and contingent sales.
Across the Charlotte-Concord-Gastonia metropolitan area, median home prices fell to $439,400, slightly lower than the previous month. The median home had 2,018 square feet of living space and the list price was $223 per square foot.
In North Carolina, median home prices were $424,319, down slightly from June. The median home for sale in North Carolina was 1,991 square feet, priced at $221 per square foot.
Across the United States, the median home price was $439,950, down slightly from the previous month. The average size of a home for sale in the U.S. was 1,869 square feet, and the price was $231 per square foot.
The median home listing price used in this report represents the average of all homes or apartments offered for sale during the specified time period. Experts say the median provides a more accurate picture of market trends than the average listing price, which would divide the sum of all listing prices by the number of homes sold. The average can be skewed by a particularly low or high price.
The USA TODAY Network is publishing localized versions of this story, generated using data from Realtor.com, on its news sites across the country.
