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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Macon County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Macon County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Macon County, NC

How much do homes in Macon County, NC cost?

Median Sold Price

$454,500

$229/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$52,050(+12.9%)

Key Takeaway

Homes in Macon County have sold for 12.9% more than they did a month ago.

Summary: The median home sold price in Macon County was $454,500 in November 2024, up 12.9% from last month, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $586.5K-
N/A
2 $240K$291K
+21.3%
3 $402.4K-
N/A
4 -$551.6K
N/A
5+ --
N/A

Summary: Macon County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Macon County, NC

How many homes are available in Macon County, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4952+6.1%

Summary: The Macon County real estate market had 52 homes for sale in November 2024, a 6.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 54
-20.0%
2 1010
0.0%
3 1921
+10.5%
4 1113
+18.2%
5+ 44
0.0%

Summary: The Macon County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Macon 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 Macon County in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Macon County, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
38 Days6 Days-83.6%

Summary: Homes in Macon County had an average of 6 days on market in Nov 2024, down by 83.6% compared to last month.

Breakdown of Home Sale Times

4 Homes Were 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 Macon County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Macon County; 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 21 Days Ago

Newest Listings in Macon County, NC

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What housing markets are near Macon County, NC?