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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tyro Township is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Tyro Township, NC

How much do homes in Tyro Township, NC cost?

Median Sold Price

$285,990

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,490(+5.7%)

Key Takeaway

Homes in Tyro Township have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Tyro Township was $285,990 in March 2024, up 5.7% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $190K$200K
+5.3%
3 $270K$277K
+2.6%
4 $332.5K$313K
-5.9%
5+ -$769.5K
N/A

Summary: Tyro Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Boone Township
+20.4%
Linwood
+18.5%
Tyro Township
+5.7%

Housing Supply in Tyro Township, NC

How many homes are available in Tyro Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3135+12.9%

Summary: The Tyro Township real estate market had 35 homes for sale in March 2024, a 12.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1410
-28.6%
4 1119
+72.7%
5+ 12
+100.0%

Summary: The Tyro 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 20%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 72.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
144-71.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tyro Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Tyro Township in March 2024, down by 71.4% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Tyro Township, NC

How long does it take to sell a home in Tyro Township, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
23 Days2 Days-88.5%

Summary: Homes in Tyro Township had an average of 2 days on market in Mar 2024, down by 88.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tyro Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in Tyro Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

Newest Listings in Tyro Township, NC

Nearby Markets to Tyro Township, NC

What housing markets are near Tyro Township, NC?