Is Transylvania County, 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, Transylvania County has remained a Seller's Market.
Housing Prices in Transylvania County, NC
How much do homes in Transylvania County, NC cost?
Median Sold Price
$488,800
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Transylvania County was $488,800 in April 2024, up 9.5% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $293.1K | $302.5K | +3.2% |
2 Bedrooms | $300K | $360K | +20.0% |
3 Bedrooms | $485K | $532K | +9.7% |
4 Bedrooms | $749.5K | $815K | +8.7% |
5+ Bedrooms | $592K | $1.0M | +80.6% |
Summary: Transylvania County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 80.6%.
Median Sold Price Compared To Nearby Counties
Transylvania County | $446.2K | $488.8K | +9.5% |
Greenville County | $321.8K | $345.8K | +7.5% |
Henderson County | $424.5K | $448.8K | +5.7% |
Jackson County | $340.7K | $360K | +5.6% |
Pickens County | $293K | $304.9K | +4.1% |
Housing Supply in Transylvania County, NC
How many homes are available in Transylvania County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
216 | 243 | +12.5% |
Summary: The Transylvania County real estate market had 243 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 56 | 58 | +3.6% |
3 Bedrooms | 111 | 130 | +17.1% |
4 Bedrooms | 39 | 43 | +10.3% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Transylvania 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 3.6%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 52 | +40.5% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Transylvania County in April 2024, up by 40.5% month-over-month. Of the 52 sold homes, 79% were sold under asking, 15% were sold at asking, and 6% were sold over asking.
Days on Market for Transylvania County, NC
How long does it take to sell a home in Transylvania County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 62 Days | +27.1% |
Summary: Homes in Transylvania County had an average of 62 days on market in Apr 2024, up by 27.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 52 homes were sold in Transylvania County; 46% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.