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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Qualla Township is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Qualla Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Qualla Township, NC

How much do homes in Qualla Township, NC cost?

Median Sold Price

$500,000

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$157,500(+46.0%)

Key Takeaway

Homes in Qualla Township have sold for 46% more than they did a year ago.

Summary: The median home sold price in Qualla Township was $500,000 in May 2024, up 46% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$177.5K
N/A
2 $281.5K$375K
+33.2%
3 $427.5K$518.8K
+21.4%
4 -$932.5K
N/A
5+ --
N/A

Summary: Qualla 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 33.2%, 3 bedroom homes increased by 21.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Qualla Township
+46.0%
Whittier
-0.8%
Charleston Township
-14.4%

Housing Supply in Qualla Township, NC

How many homes are available in Qualla Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1210-16.7%

Summary: The Qualla Township real estate market had 10 homes for sale in May 2024, a 16.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 65
-16.7%
3 33
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Qualla 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Qualla Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Qualla Township in May 2024, down by 50.0% 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 Qualla Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
62 Days6 Days-90.3%

Summary: Homes in Qualla Township had an average of 6 days on market in May 2024, down by 90.3% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in Qualla 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in Qualla Township, NC

Nearby Markets to Qualla Township, NC

What housing markets are near Qualla Township, NC?