Is Boyd Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Boyd Township was a Buyer's Market.
Key Takeaway
Boyd Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Boyd Township, NC
How much do homes in Boyd Township, NC cost?
Median Sold Price
$400,125
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Boyd Township have sold for 16.8% more than they did a year ago.
Summary: The median home sold price in Boyd Township was $400,125 in May 2024, up 16.8% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $298K | - | N/A |
| 2 Bedrooms | $185K | $440K | +137.8% |
| 3 Bedrooms | $395K | $385K | -2.5% |
| 4 Bedrooms | - | $525K | N/A |
| 5+ Bedrooms | - | $277.5K | N/A |
Summary: Boyd Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 137.8%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Horse Shoe | $450.1K | $601.5K | +33.6% |
| Brevard Township | $410K | $498.5K | +21.6% |
| Boyd Township | $342.5K | $400.1K | +16.8% |
| Pisgah Forest | $430K | $469K | +9.1% |
| Etowah | $406K | $387.5K | -4.6% |
Housing Supply in Boyd Township, NC
How many homes are available in Boyd Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Summary: The Boyd Township real estate market had 17 homes for sale in May 2024, a 21.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Boyd Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Boyd Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Boyd Township in May 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Boyd Township, NC
How long does it take to sell a home in Boyd Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 4 Days | 27 Days | +590.0% |
Summary: Homes in Boyd Township had an average of 27 days on market in May 2024, up by 590% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Boyd Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Boyd Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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