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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weaverville is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Weaverville, NC

How much do homes in Weaverville, NC cost?

Median Sold Price

$510,000

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$9,500(+1.9%)

Key Takeaway

Homes in Weaverville have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Weaverville was $510,000 in September 2024, up 1.9% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $329.5K-
N/A
2 $400.9K$417.5K
+4.1%
3 $490K$494.9K
+1.0%
4 $700K$738.5K
+5.5%
5+ $849K$894.5K
+5.4%

Summary: Weaverville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 5.4%.

Median Sold Price Compared To Nearby Cities

Reems Creek Township
+13.1%
Weaverville
+1.9%

Housing Supply in Weaverville, NC

How many homes are available in Weaverville, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
120119-0.8%

Summary: The Weaverville real estate market had 119 homes for sale in September 2024, a 0.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 2219
-13.6%
3 7171
0.0%
4 2122
+4.8%
5+ 56
+20.0%

Summary: The Weaverville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2325+8.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weaverville, you may be able to get a good deal. 48% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Weaverville in September 2024, up by 8.7% month-over-month. Of the 25 sold homes, 48% were sold under asking, 28% were sold at asking, and 24% were sold over asking.

Days on Market for Weaverville, NC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
16 Days50 Days+208.2%

Summary: Homes in Weaverville had an average of 50 days on market in Sep 2024, up by 208.2% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 25 homes were sold in Weaverville; 56% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% 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 30 Days Ago

Newest Listings in Weaverville, NC

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