Is Tryon, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tryon is a buyer's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Tryon was a Seller's Market.

Key Takeaway

Tryon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Tryon, NC cost?

Median Sold Price

$290,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$5,000(+1.8%)

Key Takeaway

Homes in Tryon have sold for 1.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $103.5K$135K
+30.4%
2 $224K$250K
+11.6%
3 $319.5K$305K
-4.5%
4 $290K$625K
+115.5%
5+ -$630K
N/A

Median Sold Price Compared To Nearby Cities

Highland
+19.7%
Tryon Township
+8.0%
Tryon
+1.8%
Landrum
-7.3%

How many homes are available in Tryon, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
990.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 54
-20.0%
3 34
+33.3%
4 00
0.0%
5+ 11
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tryon, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
35 Days64 Days+82.9%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tryon has remained consistent over time.

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

About Tryon, NC

Number of homes for sale in Tryon, NC real estate market have reached 9. The median list price of listings available in September 2022 was $290,000, while the average time on the real estate market was 64 days. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 30.4%, the cost of 2 bedrooms properties went up by 11.6%, prices of 3 bedrooms properties went down by 4.5%, prices of 4 bedrooms properties increased by 115.5%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes inventory decreased by 20%, volume of 3 bedrooms homes went up by 33.3%, 4 bedrooms homes did not move, 5 bedrooms homes inventory did not change. In September 2022 more than 0 listings in Tryon, NC were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.

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