Is Tusquittee Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tusquittee Township is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Tusquittee Township was a Seller's Market.

Key Takeaway

Tusquittee Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Tusquittee Township, NC

How much do homes in Tusquittee Township, NC cost?

Median Sold Price

$395,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$35,000(+9.7%)

Key Takeaway

Homes in Tusquittee Township have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Tusquittee Township was $395,000 in April 2024, up 9.7% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$212K
N/A
2 $225K$365K
+62.2%
3 $360K$475K
+31.9%
4 $405K-
N/A
5+ -$600K
N/A

Summary: Tusquittee 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 increased by 62.2%, 3 bedroom homes increased by 31.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Valleytown Township
+23.9%
Hayesville Township
+22.3%
Tusquittee Township
+9.7%

Housing Supply in Tusquittee Township, NC

How many homes are available in Tusquittee Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2329+26.1%

Summary: The Tusquittee Township real estate market had 29 homes for sale in April 2024, a 26.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 69
+50.0%
3 1010
0.0%
4 47
+75.0%
5+ 00
0.0%

Summary: The Tusquittee Township 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tusquittee Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Tusquittee Township in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Tusquittee Township, NC

How long does it take to sell a home in Tusquittee Township, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
6 Days90 Days+1411.1%

Summary: Homes in Tusquittee Township had an average of 90 days on market in Apr 2024, up by 1411.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tusquittee Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Tusquittee Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Tusquittee Township, NC

Nearby Markets to Tusquittee Township, NC

What housing markets are near Tusquittee Township, NC?