Is Macon County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Macon County is a neutral's market

Buyer's
Market

Difference Since November 2021

Since last year, Macon County has remained a Neutral Market.

Key Takeaway

Macon County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Macon County, NC cost?

Median Sold Price

$375,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$50,250(+15.5%)

Key Takeaway

Homes in Macon County have sold for 15.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $212.5K$184.5K
-13.2%
2 $260K$270K
+3.8%
3 $315K$388K
+23.2%
4 $334.4K$475K
+42.0%
5+ $2.0M$639.4K
-68.8%

Median Sold Price Compared To Nearby Counties

Clay County
+21.1%
Macon County
+15.5%
Jackson County
+14.4%
Rabun County
+11.3%

How many homes are available in Macon County, NC?

Number of Homes For Sale

Oct 2022Nov 2022%
5956-5.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 87
-12.5%
3 2825
-10.7%
4 1716
-5.9%
5+ 68
+33.3%

Number of Homes Sold

Oct 2022Nov 2022%
119-18.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Macon County, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
229 Days25 Days-89.0%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Macon County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Macon County, NC

Macon County, NC has 56 homes for sale to choose from. The number of listings in Macon County, NC decreased by 5.1% between October 2022 and November 2022. In November 2022 median list price was $375,000 and the average listing age was 25 days. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties decreased by 13.2%, 2 bedrooms properties prices increased by 3.8%, 3 bedrooms properties prices increased by 23.2%, 4 bedrooms properties prices increased by 42%, 5 bedrooms properties prices decreased by 68.8%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went down by 12.5%, volume of 3 bedrooms homes went down by 10.7%, number of 4 bedrooms homes decreased by 5.9%, the quantity of 5 bedrooms homes went up by 33.3%. Macon County, NC housing market in November 2022 saw over 3 listings sold above listed price, more than 2 sold at listed price and over 3 sold below.

Related Housing Market Reports