Bessemer City, NC Home Values & Market Trends
Real estate market trends reflect that there have been 253 transactions over the past year in Bessemer City. The median value for residential home transactions that occurred over the previous year is $229,181.23. The number of current listings in Bessemer City is 34, and the percentage of properties for sale in the city is 34.00%. Bessemer City, NC currently has 7 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 34 properties for sale.
Bessemer City, NC Real Estate Market Overview
Zip | Median Est. Value |
---|---|
28016 | $ 232,000 $ 159/sqft |
Housing Market Summary for Bessemer City, NC
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $239.4K | $224.5K | -6.24% |
Median Sold Price | $194.6K | $224.5K | 15.35% |
Homes For Sale | 20 | 34 | 70.00% |
Homes Sold | 158 | 133 | -15.82% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Bessemer City, NC
Browse Homes in Bessemer City, NC
Bessemer City home values range from $23,600 to $1,155,543. The median estimated value of a home in Bessemer City is $229,181.23. The median list price of a home is 250,000, and the total count of properties in the city is 4,754.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Bessemer City, NC with 28016 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Bessemer City, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $273,750 in 28016 to the lowest home value of $162,200 in 28016.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bessemer City, NC ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Bessemer City, NC. There is 1 zips within Bessemer City, NC; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions28016 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Bessemer City, NC. Auction homes and other auction properties account for 0.06% of all properties in Bessemer City, NC. There is 1 zips within Bessemer City, NC; of that zips, the median estimated home value for homes going to auction ranges from $290,750 in 28016 to the lowest value of $102,500 in 28016.
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More Real Estate Resources for Bessemer City, NC
Guide for Bessemer City, NC
North Carolina Foreclosure Laws
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