Is Hendersonville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hendersonville has remained a Seller's Market.
Housing Prices in Hendersonville, NC
How much do homes in Hendersonville, NC cost?
Median Sold Price
$434,575
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hendersonville was $434,575 in March 2024, up 20.7% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $267.5K | $267K | -0.2% |
2 Bedrooms | $275K | $334.5K | +21.6% |
3 Bedrooms | $395K | $440K | +11.4% |
4 Bedrooms | $655K | $554K | -15.4% |
5+ Bedrooms | $858.8K | $569K | -33.7% |
Summary: Hendersonville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.2%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 33.7%.
Median Sold Price Compared To Nearby Cities
Hendersonville | $360K | $434.5K | +20.7% |
Laurel Park | $450K | $484.9K | +7.8% |
East Flat Rock | $307K | $325K | +5.9% |
Hendersonville Township | $418.8K | $435K | +3.9% |
Clear Creek Township | $385K | $352.7K | -8.4% |
Housing Supply in Hendersonville, NC
How many homes are available in Hendersonville, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
360 | 406 | +12.8% |
Summary: The Hendersonville real estate market had 406 homes for sale in March 2024, a 12.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 66 | 76 | +15.2% |
3 Bedrooms | 215 | 241 | +12.1% |
4 Bedrooms | 62 | 66 | +6.5% |
5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The Hendersonville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
64 | 89 | +39.1% |
Asking Price vs. Sold Price
55 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 89 homes were sold or pending in Hendersonville in March 2024, up by 39.1% month-over-month. Of the 89 sold homes, 62% were sold under asking, 18% were sold at asking, and 20% were sold over asking.
Days on Market for Hendersonville, NC
How long does it take to sell a home in Hendersonville, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 48 Days | -4.4% |
Summary: Homes in Hendersonville had an average of 48 days on market in Mar 2024, down by 4.4% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During March 2024, 89 homes were sold in Hendersonville; 63% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.