Is Yancey 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, Yancey County has remained a Neutral Market.
Housing Prices in Yancey County, NC
How much do homes in Yancey County, NC cost?
Median Sold Price
$355,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Yancey County was $355,000 in April 2024, up 7.6% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $134K | $212K | +58.2% |
2 Bedrooms | $287K | $317K | +10.5% |
3 Bedrooms | $368K | $378.5K | +2.9% |
4 Bedrooms | $470K | $650K | +38.3% |
5+ Bedrooms | $1.5M | $690K | -54.4% |
Summary: Yancey County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.2%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 38.3%, and 5+ bedroom homes decreased by 54.4%.
Median Sold Price Compared To Nearby Counties
Mitchell County | $235K | $261K | +11.1% |
Unicoi County | $220K | $237.5K | +8.0% |
Yancey County | $330K | $355K | +7.6% |
McDowell County | $279K | $295.8K | +6.0% |
Madison County | $399.5K | $423.3K | +6.0% |
Housing Supply in Yancey County, NC
How many homes are available in Yancey County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 102 | +22.9% |
Summary: The Yancey County real estate market had 102 homes for sale in April 2024, a 22.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 23 | 32 | +39.1% |
3 Bedrooms | 46 | 51 | +10.9% |
4 Bedrooms | 9 | 13 | +44.4% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Yancey County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 39.1%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Yancey County in April 2024, the same as the previous month. Of the 17 sold homes, 59% were sold under asking, 24% were sold at asking, and 18% were sold over asking.
Days on Market for Yancey County, NC
How long does it take to sell a home in Yancey County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
115 Days | 89 Days | -23.1% |
Summary: Homes in Yancey County had an average of 89 days on market in Apr 2024, down by 23.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Yancey County; 41% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.