Is Avery County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Avery County has remained a Buyer's Market.
Housing Prices in Avery County, NC
How much do homes in Avery County, NC cost?
Median Sold Price
$337,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Avery County was $337,000 in April 2024, down 12.5% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $164.5K | $178K | +8.2% |
2 Bedrooms | $294.4K | $275K | -6.6% |
3 Bedrooms | $437.8K | $423.5K | -3.3% |
4 Bedrooms | $575.9K | $758.7K | +31.7% |
5+ Bedrooms | $1.0M | - | N/A |
Summary: Avery County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 31.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Mitchell County | $235K | $261K | +11.1% |
Carter County | $210K | $228.9K | +9.0% |
Johnson County | $275K | $274.7K | -0.1% |
Avery County | $385K | $337K | -12.5% |
Housing Supply in Avery County, NC
How many homes are available in Avery County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 70 | +16.7% |
Summary: The Avery County real estate market had 70 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 7 | +40.0% |
2 Bedrooms | 19 | 18 | -5.3% |
3 Bedrooms | 21 | 27 | +28.6% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Avery County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Avery County in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Avery County, NC
How long does it take to sell a home in Avery County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
146 Days | 72 Days | -50.8% |
Summary: Homes in Avery County had an average of 72 days on market in Apr 2024, down by 50.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Avery County; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.