Is Watauga County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Watauga County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Watauga County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Watauga County, NC cost?

Median Sold Price

$450,000

$189/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

+$35,750(+8.6%)

Key Takeaway

Homes in Watauga County have sold for 8.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 $280K$355K
+26.8%
3 $510K$287.5K
-43.6%
4 -$597.9K
N/A
5+ $403.5K-
N/A

How many homes are available in Watauga County, NC?

Number of Homes For Sale

Oct 2022Nov 2022%
3322-33.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 84
-50.0%
3 159
-40.0%
4 45
+25.0%
5+ 64
-33.3%

Number of Homes Sold

Oct 2022Nov 2022%
127-41.7%

Asking Price vs. Sold Price

6 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 Watauga County, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
65 Days51 Days-21.8%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Watauga County has remained consistent over time.

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

About Watauga County, NC

Homes for sale in Watauga County, NC have reached 22. The number of homes for sale in Watauga County, NC decreased by 33.3% between October 2022 and November 2022. While the average time on the market in November 2022 was 51 days, the median list price was $450,000. This housing market listing prices have changed between November 2021 and November 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 26.8% more expensive, the cost of 3 bedrooms properties went down by 43.6%, 4 bedrooms properties became 0% more expensive, 5 bedrooms properties became 0% more expensive. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes became 50% less available, 3 bedrooms homes became 40% less available, volume of 4 bedrooms homes went up by 25%, 5 bedrooms homes inventory decreased by 33.3%. In November 2022, from all listings sold in Watauga County, NC there were more than 0 sold above asking price, over 6 sold below and more than 1 were sold right at the asked price.

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