Is Saluda, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Saluda was a Buyer's Market.
Key Takeaway
Saluda is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saluda, NC
How much do homes in Saluda, NC cost?
Median Sold Price
$426,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Saluda have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Saluda was $426,000 in April 2024, up 13.1% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118K | $279.5K | +136.9% |
| 2 Bedrooms | $335K | $363.7K | +8.6% |
| 3 Bedrooms | $398.4K | $540.9K | +35.8% |
| 4 Bedrooms | $384K | $685K | +78.4% |
| 5+ Bedrooms | - | $1.0M | N/A |
Summary: Saluda housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 136.9%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 35.8%, 4 bedroom homes increased by 78.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Saluda | $376.6K | $426K | +13.1% |
| Saluda Township | $417K | $426K | +2.2% |
| Green River Township | $546.1K | $550K | +0.7% |
Housing Supply in Saluda, NC
How many homes are available in Saluda, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 26 | +4.0% |
Summary: The Saluda real estate market had 26 homes for sale in April 2024, a 4.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Saluda housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saluda, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Saluda in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Saluda, NC
How long does it take to sell a home in Saluda, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 12 Days | 15 Days | +24.8% |
Summary: Homes in Saluda had an average of 15 days on market in Apr 2024, up by 24.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saluda are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Saluda; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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