Is Transylvania 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, Transylvania County was a Seller's Market.
Housing Prices in Transylvania County, NC
How much do homes in Transylvania County, NC cost?
Median Sold Price
$469,200
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Transylvania County was $469,200 in March 2024, up 4.3% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $284K | $270K | -5.0% |
2 Bedrooms | $305K | $355K | +16.4% |
3 Bedrooms | $483.3K | $525.6K | +8.7% |
4 Bedrooms | $685K | $749.5K | +9.4% |
5+ Bedrooms | $649K | $1.0M | +54.1% |
Summary: Transylvania County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 54.1%.
Median Sold Price Compared To Nearby Counties
Greenville County | $319.6K | $346.3K | +8.3% |
Pickens County | $285.6K | $303.7K | +6.3% |
Jackson County | $339.5K | $359K | +5.7% |
Henderson County | $422.4K | $444.9K | +5.3% |
Transylvania County | $450K | $469.2K | +4.3% |
Housing Supply in Transylvania County, NC
How many homes are available in Transylvania County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
185 | 213 | +15.1% |
Summary: The Transylvania County real estate market had 213 homes for sale in March 2024, a 15.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 53 | 57 | +7.5% |
3 Bedrooms | 91 | 109 | +19.8% |
4 Bedrooms | 28 | 36 | +28.6% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Transylvania County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 33 | -13.2% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Transylvania County in March 2024, down by 13.2% month-over-month. Of the 33 sold homes, 58% were sold under asking, 18% were sold at asking, and 24% were sold over asking.
Days on Market for Transylvania County, NC
How long does it take to sell a home in Transylvania County, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 72 Days | +86.4% |
Summary: Homes in Transylvania County had an average of 72 days on market in Mar 2024, up by 86.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 33 homes were sold in Transylvania County; 36% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.