$3,859 Closing Credit*
$325,000
1,117 SqFt
2 Beds
•1 Full Bath
Listing Office: EXP Realty LLC
Is Etowah, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Etowah was a Seller's Market.
Key Takeaway
Etowah is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Etowah, NC
How much do homes in Etowah, NC cost?
Median Sold Price
$385,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$12,450(-3.1%)
Key Takeaway
Homes in Etowah have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Etowah was $385,000 in September 2024, down 3.1% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $324K | $278.5K | -14.0% |
| 3 Bedrooms | $414.5K | $419K | +1.1% |
| 4 Bedrooms | $773.1K | $500K | -35.3% |
| 5+ Bedrooms | $515K | - | N/A |
Summary: Etowah housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mills River Township | $444K | $460K | +3.6% |
| Mills River | $572K | $568.7K | -0.6% |
| Etowah | $397.4K | $385K | -3.1% |
Housing Supply in Etowah, NC
How many homes are available in Etowah, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 28 | 27 | -3.6% |
Summary: The Etowah real estate market had 27 homes for sale in September 2024, a 3.6% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Etowah housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Etowah, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Etowah in September 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Etowah, NC
How long does it take to sell a home in Etowah, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 20 Days | 2 Days | -90.0% |
Summary: Homes in Etowah had an average of 2 days on market in Sep 2024, down by 90% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Etowah are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 1 homes were sold in Etowah; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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