Is Taylorsville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Taylorsville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Taylorsville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Taylorsville, NC

How much do homes in Taylorsville, NC cost?

Median Sold Price

$298,500

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$43,500(+17.1%)

Key Takeaway

Homes in Taylorsville have sold for 17.1% more than they did a year ago.

Summary: The median home sold price in Taylorsville was $298,500 in May 2024, up 17.1% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $350K$140K
-60.0%
2 $165K$189.2K
+14.7%
3 $268K$315K
+17.5%
4 $477.5K$398.2K
-16.6%
5+ $311.4K$1.0M
+250.0%

Summary: Taylorsville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 17.5%, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes increased by 250%.

Median Sold Price Compared To Nearby Cities

Sharpes Township
+24.4%
Taylorsville
+17.1%
Taylorsville Township
+14.9%

Housing Supply in Taylorsville, NC

How many homes are available in Taylorsville, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8384+1.2%

Summary: The Taylorsville real estate market had 84 homes for sale in May 2024, a 1.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 2121
0.0%
3 4950
+2.0%
4 78
+14.3%
5+ 43
-25.0%

Summary: The Taylorsville 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 2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1421+50.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Taylorsville, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Taylorsville in May 2024, up by 50.0% month-over-month. Of the 21 sold homes, 48% were sold under asking, 33% were sold at asking, and 19% were sold over asking.

Days on Market for Taylorsville, NC

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

Average Sale Time

May 2023May 2024CHANGE
18 Days30 Days+69.7%

Summary: Homes in Taylorsville had an average of 30 days on market in May 2024, up by 69.7% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 21 homes were sold in Taylorsville; 67% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 10% 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 1 Day Ago

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