Is Tryon Township, 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, Tryon Township has remained a Seller's Market.
Housing Prices in Tryon Township, NC
How much do homes in Tryon Township, NC cost?
Median Sold Price
$399,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Tryon Township was $399,000 in May 2024, up 7.8% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167.5K | $310.2K | +85.2% |
2 Bedrooms | $231.7K | $260K | +12.2% |
3 Bedrooms | $406K | $440K | +8.4% |
4 Bedrooms | $818.2K | $665K | -18.7% |
5+ Bedrooms | $1.1M | $1.0M | -4.6% |
Summary: Tryon Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.2%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 18.7%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Cities
Columbus | $320K | $410K | +28.1% |
Landrum | $360K | $442.4K | +22.9% |
Tryon | $365.7K | $397K | +8.5% |
Tryon Township | $370K | $399K | +7.8% |
Saluda Township | $418.5K | $434.5K | +3.8% |
Housing Supply in Tryon Township, NC
How many homes are available in Tryon Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
56 | 61 | +8.9% |
Summary: The Tryon Township real estate market had 61 homes for sale in May 2024, a 8.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 19 | +35.7% |
3 Bedrooms | 27 | 27 | 0.0% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Tryon 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 increased by 35.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 14 | +100.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Tryon Township in May 2024, up by 100.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Tryon Township, NC
How long does it take to sell a home in Tryon Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 130 Days | +961.9% |
Summary: Homes in Tryon Township had an average of 130 days on market in May 2024, up by 961.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Tryon Township; 50% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.