Is Tryon, 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, Tryon was a Seller's Market.
Housing Prices in Tryon, NC
How much do homes in Tryon, NC cost?
Median Sold Price
$409,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tryon was $409,000 in April 2024, up 18.6% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167.5K | $310.2K | +85.2% |
2 Bedrooms | $231.7K | $297.5K | +28.4% |
3 Bedrooms | $371K | $440K | +18.6% |
4 Bedrooms | $669.1K | $707.5K | +5.7% |
5+ Bedrooms | $1.1M | $1.0M | -4.6% |
Summary: Tryon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.2%, 2 bedroom homes increased by 28.4%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Cities
Landrum | $346K | $430K | +24.3% |
Tryon | $345K | $409K | +18.6% |
Tryon Township | $364K | $413K | +13.5% |
Housing Supply in Tryon, NC
How many homes are available in Tryon, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 55 | +25.0% |
Summary: The Tryon real estate market had 55 homes for sale in April 2024, a 25.0% 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 | 10 | 14 | +40.0% |
3 Bedrooms | 21 | 25 | +19.0% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Tryon 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 increased by 40%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Tryon in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Tryon, NC
How long does it take to sell a home in Tryon, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 51 Days | -32.1% |
Summary: Homes in Tryon had an average of 51 days on market in Apr 2024, down by 32.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Tryon; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.