Is Macon County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Macon County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Macon County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Macon County, NC

How much do homes in Macon County, NC cost?

Median Sold Price

$337,000

$229/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$65,000(-16.2%)

Key Takeaway

Homes in Macon County have sold for 16.2% less than they did a month ago.

Summary: The median home sold price in Macon County was $337,000 in April 2024, down 16.2% from last month, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$160K
N/A
2 $430K$241.2K
-43.9%
3 $374K$425K
+13.6%
4 $399.5K$495K
+23.9%
5+ --
N/A

Summary: Macon County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 43.9%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes did not change.

Housing Supply in Macon County, NC

How many homes are available in Macon County, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4850+4.2%

Summary: The Macon County real estate market had 50 homes for sale in April 2024, a 4.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1016
+60.0%
3 2524
-4.0%
4 107
-30.0%
5+ 22
0.0%

Summary: The Macon County 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 60%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Macon County, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Macon County in April 2024, up by 30.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.

Days on Market for Macon County, NC

How long does it take to sell a home in Macon County, NC?

Average Sale Time

Mar 2024Apr 2024CHANGE
91 Days69 Days-23.8%

Summary: Homes in Macon County had an average of 69 days on market in Apr 2024, down by 23.8% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 13 homes were sold in Macon County; 54% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 31% 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

Newest Listings in Macon County, NC

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