The Matthews housing market is somewhat competitive. Homes in Matthews receive 5 offers on average and sell in around 38 days. The median sale price of a home in Matthews was $500K last month, down 5.2% since last year. The median sale price per square foot in Matthews is $236, down 0.84% since last year.
What is the housing market like in Matthews today?
In October 2024, Matthews home prices were down 5.2% compared to last year, selling for a median price of $500K. On average, homes in Matthews sell after 38 days on the market compared to 42 days last year. There were 27 homes sold in October this year, up from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$500,000
-5.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Matthews, NC
$500,000
-5.2%
United States
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How hot is the Matthews housing market?
Matthews is somewhat competitive. Homes sell in 38 days.
0
100
56
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 38 days.
Hot homes
can sell for about 1% above list price and go pending in around 14 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Matthews housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Matthews.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Matthews has a minor risk of flooding. 985 properties in Matthews are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Matthews. Flood risk is increasing slower than the national average.
42% of properties are at risk of wildfire over the next 30 years
Fire Factor
Matthews has a moderate risk of wildfire. There are 4,520 properties in Matthews that have some risk of being affected by wildfire over the next 30 years. This represents 42% of all properties in Matthews.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Matthews has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Matthews is most at risk from hurricanes. 10,623 properties in Matthews have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 74 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 84 mph.