Is Maggie Valley, 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, Maggie Valley has remained a Seller's Market.
Housing Prices in Maggie Valley, NC
How much do homes in Maggie Valley, NC cost?
Median Sold Price
$401,500
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Maggie Valley was $401,500 in May 2024, up 7.4% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $154.4K | $270K | +74.8% |
2 Bedrooms | $310K | $371K | +19.7% |
3 Bedrooms | $453K | $524.9K | +15.9% |
4 Bedrooms | $500K | $480K | -4.0% |
5+ Bedrooms | $610.5K | $965K | +58.1% |
Summary: Maggie Valley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 74.8%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 15.9%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 58.1%.
Median Sold Price Compared To Nearby Cities
Waynesville Township | $355K | $406.8K | +14.6% |
Ivy Hill Township | $365K | $400K | +9.6% |
Maggie Valley | $374K | $401.5K | +7.4% |
Housing Supply in Maggie Valley, NC
How many homes are available in Maggie Valley, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
76 | 88 | +15.8% |
Summary: The Maggie Valley real estate market had 88 homes for sale in May 2024, a 15.8% increase 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 | 40 | 40 | 0.0% |
3 Bedrooms | 22 | 30 | +36.4% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Maggie Valley 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 36.4%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 20 | +81.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Maggie Valley in May 2024, up by 81.8% month-over-month. Of the 20 sold homes, 55% were sold under asking, 25% were sold at asking, and 20% were sold over asking.
Days on Market for Maggie Valley, NC
How long does it take to sell a home in Maggie Valley, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 52 Days | +129.0% |
Summary: Homes in Maggie Valley had an average of 52 days on market in May 2024, up by 129% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 20 homes were sold in Maggie Valley; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.