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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waynesville Township is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Waynesville Township was a Seller's Market.

Key Takeaway

Waynesville Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Waynesville Township, NC

How much do homes in Waynesville Township, NC cost?

Median Sold Price

$406,800

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$51,800(+14.6%)

Key Takeaway

Homes in Waynesville Township have sold for 14.6% more than they did a year ago.

Summary: The median home sold price in Waynesville Township was $406,800 in May 2024, up 14.6% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $240K$147.5K
-38.5%
2 $275K$316K
+14.9%
3 $382.3K$450K
+17.7%
4 $562K$514.5K
-8.5%
5+ $586.8K$600K
+2.2%

Summary: Waynesville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 17.7%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Cities

Waynesville
+22.8%
Waynesville Township
+14.6%
Ivy Hill Township
+9.6%
Maggie Valley
+7.4%
Lake Junaluska
+3.0%

Housing Supply in Waynesville Township, NC

How many homes are available in Waynesville Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
200245+22.5%

Summary: The Waynesville Township real estate market had 245 homes for sale in May 2024, a 22.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 914
+55.6%
2 5464
+18.5%
3 92120
+30.4%
4 3029
-3.3%
5+ 1518
+20.0%

Summary: The Waynesville Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 55.6%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 30.4%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2939+34.5%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waynesville Township, you may be able to get a good deal. 51.3% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in Waynesville Township in May 2024, up by 34.5% month-over-month. Of the 39 sold homes, 51% were sold under asking, 26% were sold at asking, and 23% were sold over asking.

Days on Market for Waynesville Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
38 Days41 Days+8.6%

Summary: Homes in Waynesville Township had an average of 41 days on market in May 2024, up by 8.6% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 39 homes were sold in Waynesville Township; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% 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 Waynesville Township, NC

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