Is Macon County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Macon County has remained a Seller's Market.
Housing Prices in Macon County, NC
How much do homes in Macon County, NC cost?
Median Sold Price
$337,000
$229/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Macon County was $337,000 in April 2024, down 16.2% from last month, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $160K | N/A |
2 Bedrooms | $430K | $241.2K | -43.9% |
3 Bedrooms | $374K | $425K | +13.6% |
4 Bedrooms | $399.5K | $495K | +23.9% |
5+ Bedrooms | - | - | N/A |
Summary: Macon County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 43.9%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes did not change.
Housing Supply in Macon County, NC
How many homes are available in Macon County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 50 | +4.2% |
Summary: The Macon County real estate market had 50 homes for sale in April 2024, a 4.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 16 | +60.0% |
3 Bedrooms | 25 | 24 | -4.0% |
4 Bedrooms | 10 | 7 | -30.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Macon County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Macon County in April 2024, up by 30.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Macon County, NC
How long does it take to sell a home in Macon County, NC?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
91 Days | 69 Days | -23.8% |
Summary: Homes in Macon County had an average of 69 days on market in Apr 2024, down by 23.8% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Macon County; 54% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.