Is Tryon 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, Tryon Township was a Seller's Market.
Housing Prices in Tryon Township, NC
How much do homes in Tryon Township, NC cost?
Median Sold Price
$408,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Tryon Township was $408,000 in March 2024, up 11.8% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $310.2K | +93.9% |
2 Bedrooms | $260K | $260K | 0.0% |
3 Bedrooms | $395K | $442K | +11.9% |
4 Bedrooms | $462.5K | $707.5K | +53.0% |
5+ Bedrooms | $746.5K | $807.5K | +8.2% |
Summary: Tryon Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 53%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Cities
Columbus | $320K | $430.4K | +34.5% |
Tryon | $310.3K | $399K | +28.6% |
Landrum | $341.7K | $400K | +17.0% |
Tryon Township | $365K | $408K | +11.8% |
Saluda Township | $420K | $434K | +3.3% |
Housing Supply in Tryon Township, NC
How many homes are available in Tryon Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 42 | -2.3% |
Summary: The Tryon Township real estate market had 42 homes for sale in March 2024, a 2.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 9 | -18.2% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Tryon Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 5 | -54.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Tryon Township in March 2024, down by 54.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Tryon Township, NC
How long does it take to sell a home in Tryon Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 56 Days | +8.9% |
Summary: Homes in Tryon Township had an average of 56 days on market in Mar 2024, up by 8.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Tryon Township; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.