Is Sylva Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Sylva Township was a Seller's Market.
Housing Prices in Sylva Township, NC
How much do homes in Sylva Township, NC cost?
Median Sold Price
$327,500
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sylva Township was $327,500 in March 2024, up 2.3% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $193.7K | +4.7% |
2 Bedrooms | $247.6K | $327.5K | +32.3% |
3 Bedrooms | $311.7K | $316.2K | +1.4% |
4 Bedrooms | $775K | $532.5K | -31.3% |
5+ Bedrooms | $725K | $1.4M | +103.5% |
Summary: Sylva Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 32.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes increased by 103.5%.
Median Sold Price Compared To Nearby Cities
Cullowhee Township | $362.5K | $423K | +16.7% |
Sylva Township | $320K | $327.5K | +2.3% |
Sylva | $321.7K | $327.5K | +1.8% |
Housing Supply in Sylva Township, NC
How many homes are available in Sylva Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 61 | +69.4% |
Summary: The Sylva Township real estate market had 61 homes for sale in March 2024, a 69.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 9 | 21 | +133.3% |
3 Bedrooms | 22 | 29 | +31.8% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Sylva 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 increased by 133.3%, 3 bedroom homes increased by 31.8%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Sylva Township in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sylva Township, NC
How long does it take to sell a home in Sylva Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 63 Days | +40.1% |
Summary: Homes in Sylva Township had an average of 63 days on market in Mar 2024, up by 40.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Sylva Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.