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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tryon Township is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Tryon Township has remained a Seller's Market.

Key Takeaway

Tryon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Tryon Township, NC cost?

Median Sold Price

$350,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$26,000(+8.0%)

Key Takeaway

Homes in Tryon Township have sold for 8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $136.7K$147.5K
+7.9%
2 $255K$265K
+3.9%
3 $340K$365.5K
+7.5%
4 $456K$395K
-13.4%
5+ $412K$1.2M
+192.5%

Median Sold Price Compared To Nearby Cities

Saluda Township
+16.2%
Tryon Township
+8.0%
Tryon
+1.8%
Landrum
-7.3%

How many homes are available in Tryon Township, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
2729+7.4%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 88
0.0%
3 1515
0.0%
4 24
+100.0%
5+ 22
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
46+50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tryon Township, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
23 Days21 Days-9.0%

Breakdown of Home Sale Times

4 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

Many homes in Tryon Township 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 Tryon Township, NC

Tryon Township, NC has 29 homes on the market. The number of listings in Tryon Township, NC increased by 7.4% between August 2022 and September 2022. The median list price of listings available in September 2022 was $350,000, while the average time on the real estate market was 21 days. Listing prices have changed in this real estate market between August 2022 and September 2022: the cost of 1 bedroom properties went up by 7.9%, 2 bedrooms properties prices increased by 3.9%, prices of 3 bedrooms properties increased by 7.5%, the cost of 4 bedrooms properties went down by 13.4%, 5 bedrooms properties prices increased by 192.5%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes have not changed, the quantity of 4 bedrooms homes went up by 100%, the quantity of 5 bedrooms homes have not changed. In September 2022, from all listings sold in Tryon Township, NC there were more than 0 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price.

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