Is Macon County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Macon County was a Neutral Market.
Housing Prices in Macon County, NC
How much do homes in Macon County, NC cost?
Median Sold Price
$425,000
$203/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Macon County was $425,000 in March 2024, up 6.5% from last month, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $232.4K | $430K | +85.0% |
3 Bedrooms | $412K | $399.5K | -3.0% |
4 Bedrooms | $715K | $399.5K | -44.1% |
5+ Bedrooms | - | - | N/A |
Summary: Macon County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 85%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 44.1%, and 5+ bedroom homes did not change.
Housing Supply in Macon County, NC
How many homes are available in Macon County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 | 49 | +2.1% |
Summary: The Macon County real estate market had 49 homes for sale in March 2024, a 2.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 28 | 26 | -7.1% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Macon County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 11 | +57.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Macon County in March 2024, up by 57.1% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.
Days on Market for Macon County, NC
How long does it take to sell a home in Macon County, NC?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 89 Days | +26.1% |
Summary: Homes in Macon County had an average of 89 days on market in Mar 2024, up by 26.1% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Macon County; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.