Is Swain County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Swain County was a Seller's Market.
Housing Prices in Swain County, NC
How much do homes in Swain County, NC cost?
Median Sold Price
$395,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Swain County was $395,000 in March 2024, up 6.8% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $269K | +34.5% |
2 Bedrooms | $358.7K | $320K | -10.8% |
3 Bedrooms | $363K | $414.2K | +14.1% |
4 Bedrooms | $996.2K | $522K | -47.6% |
5+ Bedrooms | $571K | $1.5M | +175.8% |
Summary: Swain County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.5%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 14.1%, 4 bedroom homes decreased by 47.6%, and 5+ bedroom homes increased by 175.8%.
Median Sold Price Compared To Nearby Counties
Swain County | $370K | $395K | +6.8% |
Jackson County | $339.5K | $359K | +5.7% |
Sevier County | $472.2K | $445.2K | -5.7% |
Housing Supply in Swain County, NC
How many homes are available in Swain County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 36 | +24.1% |
Summary: The Swain County real estate market had 36 homes for sale in March 2024, a 24.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 12 | 15 | +25.0% |
3 Bedrooms | 8 | 12 | +50.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Swain County 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 increased by 25%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Swain County in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Swain County, NC
How long does it take to sell a home in Swain County, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
79 Days | 26 Days | -67.1% |
Summary: Homes in Swain County had an average of 26 days on market in Mar 2024, down by 67.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Swain County; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.