Is Weaverville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$535,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Weaverville have sold for 18.8% more than they did a year ago.
Summary: The median home sold price in Weaverville was $535,000 in March 2024, up 18.8% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $329.5K | N/A |
| 2 Bedrooms | $416K | $387K | -7.0% |
| 3 Bedrooms | $409.5K | $538K | +31.4% |
| 4 Bedrooms | $565K | $745K | +31.9% |
| 5+ Bedrooms | $849.5K | $849.5K | 0.0% |
Summary: Weaverville 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 decreased by 7%, 3 bedroom homes increased by 31.4%, 4 bedroom homes increased by 31.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Reems Creek Township | $465.6K | $575K | +23.5% |
| Weaverville | $450.5K | $535K | +18.8% |
Housing Supply in Weaverville, NC
How many homes are available in Weaverville, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 91 | 107 | +17.6% |
Summary: The Weaverville real estate market had 107 homes for sale in March 2024, a 17.6% increase 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 | 22 | 21 | -4.5% |
| 3 Bedrooms | 56 | 68 | +21.4% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Weaverville 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 4.5%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Weaverville, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Weaverville in March 2024, up by 33.3% month-over-month. Of the 24 sold homes, 58% were sold under asking, 38% were sold at asking, and 4% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 33 Days | 53 Days | +60.2% |
Summary: Homes in Weaverville had an average of 53 days on market in Mar 2024, up by 60.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Weaverville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 24 homes were sold in Weaverville; 63% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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