Is Tyro Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tyro Township is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Tyro Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Tyro Township, NC

How much do homes in Tyro Township, NC cost?

Median Sold Price

$286,495

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$6,501(+2.3%)

Key Takeaway

Homes in Tyro Township have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Tyro Township was $286,495 in May 2024, up 2.3% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $195.5K$195K
-0.3%
3 $270.5K$279.4K
+3.3%
4 $315.9K$313K
-0.9%
5+ -$487.7K
N/A

Summary: Tyro 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 decreased by 0.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fulton Township
+28.7%
Linwood
+19.5%
Tyro Township
+2.3%
Boone Township
+1.8%

Housing Supply in Tyro Township, NC

How many homes are available in Tyro Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4143+4.9%

Summary: The Tyro Township real estate market had 43 homes for sale in May 2024, a 4.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1616
0.0%
4 1921
+10.5%
5+ 22
0.0%

Summary: The Tyro 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 remained the same, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tyro Township, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Tyro Township in May 2024, up by 80.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% were sold over asking.

Days on Market for Tyro Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
35 Days42 Days+18.2%

Summary: Homes in Tyro Township had an average of 42 days on market in May 2024, up by 18.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 9 homes were sold in Tyro Township; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% 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

Newest Listings in Tyro Township, NC

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What housing markets are near Tyro Township, NC?