Is Waynesville, 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, Waynesville was a Seller's Market.
Housing Prices in Waynesville, NC
How much do homes in Waynesville, NC cost?
Median Sold Price
$404,666
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Waynesville was $404,666 in May 2024, up 22.8% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212.9K | $147.5K | -30.7% |
2 Bedrooms | $270K | $318K | +17.8% |
3 Bedrooms | $350K | $450K | +28.6% |
4 Bedrooms | $562.5K | $495K | -12.0% |
5+ Bedrooms | $455K | $600K | +31.9% |
Summary: Waynesville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.7%, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 31.9%.
Median Sold Price Compared To Nearby Cities
Waynesville | $329.5K | $404.6K | +22.8% |
Waynesville Township | $355K | $406.8K | +14.6% |
Ivy Hill Township | $365K | $400K | +9.6% |
Housing Supply in Waynesville, NC
How many homes are available in Waynesville, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
193 | 234 | +21.2% |
Summary: The Waynesville real estate market had 234 homes for sale in May 2024, a 21.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 14 | +55.6% |
2 Bedrooms | 53 | 64 | +20.8% |
3 Bedrooms | 90 | 115 | +27.8% |
4 Bedrooms | 29 | 27 | -6.9% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Waynesville 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 20.8%, 3 bedroom homes increased by 27.8%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 36 | +33.3% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Waynesville in May 2024, up by 33.3% month-over-month. Of the 36 sold homes, 53% were sold under asking, 28% were sold at asking, and 19% were sold over asking.
Days on Market for Waynesville, NC
How long does it take to sell a home in Waynesville, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 42 Days | +7.4% |
Summary: Homes in Waynesville had an average of 42 days on market in May 2024, up by 7.4% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 36 homes were sold in Waynesville; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.