Is Swannanoa Township, 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, Swannanoa Township has remained a Seller's Market.
Housing Prices in Swannanoa Township, NC
How much do homes in Swannanoa Township, NC cost?
Median Sold Price
$444,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Swannanoa Township was $444,000 in March 2024, up 7% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $763.7K | $670K | -12.3% |
2 Bedrooms | $375.7K | $348.5K | -7.3% |
3 Bedrooms | $408K | $450.2K | +10.4% |
4 Bedrooms | $725K | $715K | -1.4% |
5+ Bedrooms | $857.6K | $878.5K | +2.4% |
Summary: Swannanoa Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.3%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
Swannanoa Township | $415K | $444K | +7.0% |
Fairview Township | $550K | $583.5K | +6.1% |
Asheville | $469.7K | $487.9K | +3.9% |
Asheville Township | $481.7K | $495.2K | +2.8% |
Swannanoa | $386.2K | $380K | -1.6% |
Housing Supply in Swannanoa Township, NC
How many homes are available in Swannanoa Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 58 | +3.6% |
Summary: The Swannanoa Township real estate market had 58 homes for sale in March 2024, a 3.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 34 | 35 | +2.9% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Swannanoa Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 19 | +46.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Swannanoa Township in March 2024, up by 46.2% month-over-month. Of the 19 sold homes, 63% were sold under asking, 11% were sold at asking, and 26% were sold over asking.
Days on Market for Swannanoa Township, NC
How long does it take to sell a home in Swannanoa Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 31 Days | -29.3% |
Summary: Homes in Swannanoa Township had an average of 31 days on market in Mar 2024, down by 29.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in Swannanoa Township; 74% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.