Is Cullowhee 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, Cullowhee Township was a Seller's Market.
Housing Prices in Cullowhee Township, NC
How much do homes in Cullowhee Township, NC cost?
Median Sold Price
$419,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cullowhee Township was $419,000 in May 2024, up 2.9% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | - | N/A |
2 Bedrooms | $367.5K | $380K | +3.4% |
3 Bedrooms | $400K | $424K | +6.0% |
4 Bedrooms | $549K | $360K | -34.4% |
5+ Bedrooms | $554K | - | N/A |
Summary: Cullowhee 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 3.4%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 34.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Cullowhee Township | $407K | $419K | +2.9% |
Webster Township | $320K | $299.5K | -6.4% |
Housing Supply in Cullowhee Township, NC
How many homes are available in Cullowhee Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 18 | -14.3% |
Summary: The Cullowhee Township real estate market had 18 homes for sale in May 2024, a 14.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 10 | 7 | -30.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cullowhee 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 decreased by 16.7%, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Cullowhee Township in May 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cullowhee Township, NC
How long does it take to sell a home in Cullowhee Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
95 Days | 27 Days | -71.6% |
Summary: Homes in Cullowhee Township had an average of 27 days on market in May 2024, down by 71.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Cullowhee Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.