Housing Market Report for Cleveland County, NC

This housing market report uses absorption rates to track supply and demand for Cleveland County, NC. With 6.8 months of inventory across all segments, conditions currently favor buyers — more homes are available than active buyers, creating more room to negotiate on price and terms. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 27, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$25k – $50k

Absorption rate of 0.7, with 1.5 months of inventory.

Coolest Segment ❄️
$475k – $500k

With 33 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$225k – $250k

28 active listings with 53 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 5.8 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 1 0.2 0 Seller's
25k-50k 1 4 0.7 1.5 Seller's
50k-75k 3 7 0.4 2.6 Seller's
75k-100k 5 8 0.3 3.8 Balanced
100k-125k 3 12 0.7 1.5 Seller's
125k-150k 17 15 2 0.1 6.8 Buyer's
150k-175k 15 15 0.2 6 Balanced
175k-200k 33 24 0.1 8.3 Buyer's
200k-225k 32 47 0.2 4.1 Balanced
225k-250k 28 53 1 0.3 3.2 Balanced
250k-275k 35 50 0.2 4.2 Balanced
275k-300k 57 39 0.1 8.8 Buyer's
300k-325k 27 26 0.2 6.2 Buyer's
325k-350k 28 29 0.2 5.8 Balanced
350k-375k 13 17 0.2 4.6 Balanced
375k-400k 20 14 0.1 8.6 Buyer's
400k-425k 6 4 0.1 9 Buyer's
425k-450k 9 5 0.1 10.8 Buyer's
450k-475k 7 7 0.2 6 Balanced
475k-500k 11 2 0 33
500k-550k 7 7 0.2 6 Balanced
550k-600k 10 5 1 0.1 12 Buyer's
600k-650k 2 8 1 0.7 1.5 Seller's
650k-700k 6 7 0.2 5.1 Balanced
700k-750k 3 3 0.2 6 Balanced
750k-800k 4 2 0.1 12 Buyer's
800k-850k 3 0
850k-900k 3 3 0.2 6 Balanced
900k-950k 1 0
950k-1m 4 0
1m-1.1m 2 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0
3m-3.5m 1 0
3.5m-4m 1 0.2 0 Seller's

Townhouses

Hottest Segment 🔥
$175k – $200k

Absorption rate of 0.3, with 3 months of inventory.

Coolest Segment ❄️
$375k – $400k

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$250k – $275k

7 active listings with 5 sold in the last 6 months.

Market Overview
All Segments

With 8 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
175k-200k 1 2 0.3 3 Balanced
200k-225k 2 0.3 0 Seller's
250k-275k 7 5 0.1 8.4 Buyer's
275k-300k 1 1 0.2 6 Balanced
300k-325k 2 0
325k-350k 2 0
350k-375k 1 1 0.2 6 Balanced
375k-400k 2 1 0.1 12 Buyer's

Condos

Hottest Segment 🔥
$100k – $125k

Absorption rate of 0.

Coolest Segment ❄️
$700k – $750k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$700k – $750k

0 active listings with 1 sold in the last 6 months.

Market Overview
All Segments

With 12 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
100k-125k 1 0
350k-375k 1 0
700k-750k 1 0.2 0 Seller's

Land

Hottest Segment 🔥
$200k – $225k

Absorption rate of 0.3, with 4 months of inventory.

Coolest Segment ❄️
$100k – $125k

With 36 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$25k – $50k

26 active listings with 25 sold in the last 6 months.

Market Overview
All Segments

With 13.2 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 7 3 0.1 14 Buyer's
25k-50k 26 25 0.2 6.2 Buyer's
50k-75k 16 11 0.1 8.7 Buyer's
75k-100k 12 3 1 0 24
100k-125k 6 1 0 36
125k-150k 8 2 0 24
150k-175k 2 1 0.1 12 Buyer's
175k-200k 5 2 0.1 15 Buyer's
200k-225k 2 3 0.3 4 Balanced
225k-250k 1 0
250k-275k 2 0
275k-300k 4 2 0.1 12 Buyer's
300k-325k 3 1 0.1 18 Buyer's
325k-350k 4 1 0 24
350k-375k 3 0
375k-400k 2 1 0.1 12 Buyer's
400k-425k 2 0
425k-450k 1 0
475k-500k 2 1 0.1 12 Buyer's
550k-600k 3 0
600k-650k 1 1 0.2 6 Balanced
650k-700k 2 0
700k-750k 1 1 0.2 6 Balanced
1m-1.1m 1 0
1.1m-1.2m 3 0
1.2m-1.3m 3 0
1.4m-1.5m 1 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
2m-2.25m 2 0
4m-4.5m 1 0
8m-9m 1 0