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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cashiers Township is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Cashiers Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cashiers Township, NC

How much do homes in Cashiers Township, NC cost?

Median Sold Price

$586,500

$353/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$139,500(-19.2%)

Key Takeaway

Homes in Cashiers Township have sold for 19.2% less than they did a year ago.

Summary: The median home sold price in Cashiers Township was $586,500 in October 2024, down 19.2% from last year, and the median price per square foot was $353.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $160K$370.7K
+131.7%
2 $308.5K$421.2K
+36.5%
3 $750.5K$633K
-15.7%
4 $1.2M$1.3M
+11.9%
5+ $1.6M-
N/A

Summary: Cashiers Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 131.7%, 2 bedroom homes increased by 36.5%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sapphire
+6.6%
Cashiers Township
-19.2%

Housing Supply in Cashiers Township, NC

How many homes are available in Cashiers Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1513-13.3%

Summary: The Cashiers Township real estate market had 13 homes for sale in October 2024, a 13.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 44
0.0%
3 43
-25.0%
4 54
-20.0%
5+ 11
0.0%

Summary: The Cashiers Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cashiers Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cashiers Township in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Cashiers Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
72 Days79 Days+9.2%

Summary: Homes in Cashiers Township had an average of 79 days on market in Oct 2024, up by 9.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cashiers Township has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Cashiers Township; 0% of homes were sold within 30 days, 50% 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 16 Days Ago

Newest Listings in Cashiers Township, NC

Nearby Markets to Cashiers Township, NC

What housing markets are near Cashiers Township, NC?