Is Weaverville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Weaverville has remained a Seller's Market.
Key Takeaway
Weaverville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Weaverville, NC
How much do homes in Weaverville, NC cost?
Median Sold Price
$537,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Weaverville have sold for 16% more than they did a year ago.
Summary: The median home sold price in Weaverville was $537,000 in May 2024, up 16% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221K | $438K | +98.2% |
| 2 Bedrooms | $397K | $386.1K | -2.7% |
| 3 Bedrooms | $440K | $540K | +22.7% |
| 4 Bedrooms | $620K | $740.7K | +19.5% |
| 5+ Bedrooms | $849K | $900K | +6.0% |
Summary: Weaverville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 98.2%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Reems Creek Township | $466.8K | $574.3K | +23.0% |
| Weaverville | $462.8K | $537K | +16.0% |
Housing Supply in Weaverville, NC
How many homes are available in Weaverville, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 110 | 107 | -2.7% |
Summary: The Weaverville real estate market had 107 homes for sale in May 2024, a 2.7% decrease 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 | 19 | 16 | -15.8% |
| 3 Bedrooms | 71 | 68 | -4.2% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Weaverville 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 decreased by 15.8%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Weaverville, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Weaverville in May 2024, down by 17.9% month-over-month. Of the 23 sold homes, 48% were sold under asking, 13% were sold at asking, and 39% were sold over asking.
Days on Market for Weaverville, NC
How long does it take to sell a home in Weaverville, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 26 Days | 18 Days | -31.7% |
Summary: Homes in Weaverville had an average of 18 days on market in May 2024, down by 31.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Weaverville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 23 homes were sold in Weaverville; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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