Is Maggie Valley, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Maggie Valley was a Seller's Market.
Key Takeaway
Maggie Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Maggie Valley, NC
How much do homes in Maggie Valley, NC cost?
Median Sold Price
$407,500
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Maggie Valley have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Maggie Valley was $407,500 in April 2024, up 10.7% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $270K | +63.6% |
| 2 Bedrooms | $306K | $375K | +22.5% |
| 3 Bedrooms | $446.5K | $513.8K | +15.1% |
| 4 Bedrooms | $520K | $480K | -7.7% |
| 5+ Bedrooms | $610.5K | $965K | +58.1% |
Summary: Maggie Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.6%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 58.1%.
Median Sold Price Compared To Nearby Cities
| Waynesville Township | $356.6K | $399.9K | +12.1% |
| Ivy Hill Township | $361.1K | $401.5K | +11.2% |
| Maggie Valley | $368K | $407.5K | +10.7% |
Housing Supply in Maggie Valley, NC
How many homes are available in Maggie Valley, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 63 | 75 | +19.0% |
Summary: The Maggie Valley real estate market had 75 homes for sale in April 2024, a 19.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 30 | 38 | +26.7% |
| 3 Bedrooms | 19 | 24 | +26.3% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Maggie Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 26.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maggie Valley, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Maggie Valley in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Maggie Valley, NC
How long does it take to sell a home in Maggie Valley, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 18 Days | -34.5% |
Summary: Homes in Maggie Valley had an average of 18 days on market in Apr 2024, down by 34.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Maggie Valley are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Maggie Valley; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.