Is Hendersonville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hendersonville has remained a Seller's Market.
Housing Prices in Hendersonville, NC
How much do homes in Hendersonville, NC cost?
Median Sold Price
$439,871
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hendersonville was $439,871 in April 2024, up 17.3% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $259K | -5.8% |
2 Bedrooms | $278.5K | $337.1K | +21.0% |
3 Bedrooms | $395K | $443.1K | +12.2% |
4 Bedrooms | $640K | $550.9K | -13.9% |
5+ Bedrooms | $967.6K | $538K | -44.4% |
Summary: Hendersonville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes increased by 21%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes decreased by 44.4%.
Median Sold Price Compared To Nearby Cities
Hendersonville | $375K | $439.8K | +17.3% |
East Flat Rock | $305K | $331.2K | +8.6% |
Laurel Park | $454.1K | $489.6K | +7.8% |
Hendersonville Township | $420K | $440.1K | +4.8% |
Clear Creek Township | $390K | $371K | -4.9% |
Housing Supply in Hendersonville, NC
How many homes are available in Hendersonville, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
405 | 446 | +10.1% |
Summary: The Hendersonville real estate market had 446 homes for sale in April 2024, a 10.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 8 | +60.0% |
2 Bedrooms | 74 | 81 | +9.5% |
3 Bedrooms | 239 | 263 | +10.0% |
4 Bedrooms | 69 | 75 | +8.7% |
5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The Hendersonville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 81 | -12.0% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 81 homes were sold or pending in Hendersonville in April 2024, down by 12.0% month-over-month. Of the 81 sold homes, 51% were sold under asking, 21% were sold at asking, and 28% were sold over asking.
Days on Market for Hendersonville, NC
How long does it take to sell a home in Hendersonville, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 37 Days | +15.8% |
Summary: Homes in Hendersonville had an average of 37 days on market in Apr 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 81 homes were sold in Hendersonville; 62% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.