$4,097 Closing Credit*
$345,000
1,054 SqFt
2 Beds
•2 Full Baths
Listing Office: Western Carolina Properties, Inc.
Is Cullowhee Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Cullowhee Township was a Neutral Market.
Key Takeaway
Cullowhee Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cullowhee Township, NC
How much do homes in Cullowhee Township, NC cost?
Median Sold Price
$390,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$25,000(-6.0%)
Key Takeaway
Homes in Cullowhee Township have sold for 6% less than they did a year ago.
Summary: The median home sold price in Cullowhee Township was $390,000 in October 2024, down 6% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $225.5K | N/A |
| 2 Bedrooms | $360K | $290K | -19.4% |
| 3 Bedrooms | $415K | $423K | +1.9% |
| 4 Bedrooms | $569K | $417K | -26.7% |
| 5+ Bedrooms | $851K | - | N/A |
Summary: Cullowhee Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cullowhee | $414.5K | $390K | -5.9% |
| Cullowhee Township | $415K | $390K | -6.0% |
| River Township | $516.5K | $435K | -15.8% |
Housing Supply in Cullowhee Township, NC
How many homes are available in Cullowhee Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The Cullowhee Township real estate market had 16 homes for sale in October 2024, a 23.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Cullowhee 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cullowhee Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Cullowhee Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cullowhee Township, NC
How long does it take to sell a home in Cullowhee Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 90 Days | 20 Days | -77.9% |
Summary: Homes in Cullowhee Township had an average of 20 days on market in Oct 2024, down by 77.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cullowhee Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Cullowhee Township; 50% 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.
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