Is Graham County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Graham County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Graham County has remained a Seller's Market.

Key Takeaway

Graham County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Graham County, NC

How much do homes in Graham County, NC cost?

Median Sold Price

$349,900

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$107,150(+44.1%)

Key Takeaway

Homes in Graham County have sold for 44.1% more than they did a year ago.

Summary: The median home sold price in Graham County was $349,900 in November 2024, up 44.1% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $185K-
N/A
2 $234K$217.2K
-7.2%
3 $244K$370K
+51.6%
4 --
N/A
5+ --
N/A

Summary: Graham County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 51.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Graham County
+44.1%
Blount County
+4.3%
Cherokee County
+3.9%
Monroe County
+1.3%
Swain County
-9.4%

Housing Supply in Graham County, NC

How many homes are available in Graham County, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
14140.0%

Summary: The Graham County real estate market had 14 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 99
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Graham County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Graham County in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Graham County, NC

How long does it take to sell a home in Graham County, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days61 Days+48.8%

Summary: Homes in Graham County had an average of 61 days on market in Nov 2024, up by 48.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Graham County has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Graham County; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in Graham County, NC

Nearby Markets to Graham County, NC

What housing markets are near Graham County, NC?