Is Hendersonville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hendersonville is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Hendersonville has remained a Seller's Market.

Key Takeaway

Hendersonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$64,871(+17.3%)

Key Takeaway

Homes in Hendersonville have sold for 17.3% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $275K$259K
-5.8%
2 $278.5K$337.1K
+21.0%
3 $395K$443.1K
+12.2%
4 $640K$550.9K
-13.9%
5+ $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
+17.3%
East Flat Rock
+8.6%
Laurel Park
+7.8%
Hendersonville Township
+4.8%
Clear Creek Township
-4.9%

Housing Supply in Hendersonville, NC

How many homes are available in Hendersonville, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
405446+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

# BEDSMar 2024Apr 2024CHANGE
1 58
+60.0%
2 7481
+9.5%
3 239263
+10.0%
4 6975
+8.7%
5+ 1819
+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 2024Apr 2024CHANGE
9281-12.0%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hendersonville, you may be able to get a good deal. 50.6% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
32 Days37 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 11 Days Ago

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