Is Cullowhee Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cullowhee Township has remained a Seller's Market.
Housing Prices in Cullowhee Township, NC
How much do homes in Cullowhee Township, NC cost?
Median Sold Price
$415,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cullowhee Township was $415,000 in April 2024, up 10.7% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | - | N/A |
2 Bedrooms | $367.5K | $362.5K | -1.4% |
3 Bedrooms | $338K | $423K | +25.1% |
4 Bedrooms | $505K | $360K | -28.7% |
5+ Bedrooms | $824K | $554K | -32.8% |
Summary: Cullowhee Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 25.1%, 4 bedroom homes decreased by 28.7%, and 5+ bedroom homes decreased by 32.8%.
Median Sold Price Compared To Nearby Cities
Cullowhee Township | $375K | $415K | +10.7% |
Cullowhee | $400K | $414K | +3.5% |
Webster Township | $322.2K | $290K | -10.0% |
Housing Supply in Cullowhee Township, NC
How many homes are available in Cullowhee Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 19 | +35.7% |
Summary: The Cullowhee Township real estate market had 19 homes for sale in April 2024, a 35.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cullowhee Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Cullowhee Township in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Cullowhee Township, NC
How long does it take to sell a home in Cullowhee Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 80 Days | +13.8% |
Summary: Homes in Cullowhee Township had an average of 80 days on market in Apr 2024, up by 13.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Cullowhee Township; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.