Real estate listings in Cleveland County demanded more money in July

According to an analysis of Realtor.com data, the average home in Cleveland County sold for $318,072 in July, up 1.3% from the previous month’s $313,900 sale price.

Compared to July 2023, the median home list price increased 18.1% to $269,250.

The statistics in this article refer only to homes for sale in Cleveland County, not homes that have sold. For information on your local real estate market and other useful community data, visit data.shelbystar.com.

The median home in Cleveland County was 1,814 square feet and cost $178 per square foot. The price per square foot of homes for sale has increased 0.3% since July 2023.

Listings in Cleveland County moved slowly, with median homes staying on the market 57 days, compared to the national median of 50 days in July. The previous month, median homes were on the market 53 days. There were about 104 new homes on the market in July, up 13% from 92 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.

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.

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