Cleveland County, NC Home Values & Market Trends

The median home price in Cleveland County, NC is $208,144.66. There were 1,692 home sales in Cleveland County, NC over the past 12 months. The median residential Cleveland County, NC home value for transactions over the previous year is $165,000. The number of current listings in Cleveland County, NC is 180, and the percentage of properties for sale is 180.00%. The county has 55 foreclosures, 4 bank owned properties, 17 headed for auction, and 180 properties for sale.

Cleveland County, NC Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Shelby

$ 226,084

$ 146/sqft

Earl

$ --

$ --

Kings Mountain

$ 279,000

$ 168/sqft

Lattimore

$ --

$ --

Grover

$ 220,130

$ 104/sqft

Casar

$ --

$ --

Lawndale

$ 296,054

$ 202/sqft

Waco

$ --

$ --

Mooresboro

$ 188,101

$ 126/sqft

Housing Market Summary for Cleveland County, NC

Apr 2023March 2024Change
Median Listing Price$219.9K$197.2K-10.33%
Median Sold Price$187.8K$197.2K4.97%
Homes For Sale15718417.20%
Homes Sold1,129870-22.94%
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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%.

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Browse Homes in Cleveland County, NC

Cleveland County, NC home values range from $20,034 to $40,982,630. Kings Mountain is the priciest city with a median listing home price of $279,450, and Lawndale is most affordable with average house prices of around $145,000.

Foreclosure
There are 9 cities within Cleveland County, NC; within these cities, the median estimated home value for homes in foreclosure ranges from $533,660 in Mooresboro to the lowest value of $45,829 in Mooresboro. Foreclosure homes account for 0.00% of properties in Cleveland County, NC with Shelby containing 33 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in Cleveland County, NC with Shelby containing 18 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Cleveland County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $379,163 in Lawndale to the lowest home value of $52,950 in Mooresboro.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cleveland County, NC ranges from the highest value of $396,700 in Kings Mountain to the lowest value of $102,657 in Shelby. Bank owned homes and properties account for 0.01% of properties in Cleveland County, NC. There are 9 cities within Cleveland County, NC; Shelby containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Shelby has 11 auction properties, the highest number of properties going to auction in a single city in the state of Cleveland County, NC. Auction homes and other auction properties account for 0.04% of all properties in Cleveland County, NC. There are 9 cities within Cleveland County, NC; of those cities, the median estimated home value for homes going to auction ranges from $431,273 in Kings Mountain to the lowest value of $45,829 in Kings Mountain.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.47% of residential properties in Cleveland County, NC with Shelby containing 115 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Cleveland County, NC; homes for sale in those cities, have a range of median values from $839,712 in Lawndale to the lowest value of $24,250 in Shelby.
    Sold Homes
    The median value for recently sold homes ranges from $275,633 in Lattimore to the lowest price of $20,034 in Lattimore. There are 9 cities within Cleveland County, NC. Shelby has 439 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.19% of properties in Cleveland County, NC.

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      Guide for Cleveland County, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent
      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent|posted 12 February 2024

      This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.