$6,294 Closing Credit*
$530,000
2,263 SqFt
4 Beds
•3 Full Baths
Jim Allen, Listing Office: Coldwell Banker HPW
Is Macon County, 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, Macon County was a Seller'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
$425,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+11.8%)
Key Takeaway
Homes in Macon County have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Macon County was $425,000 in October 2024, up 11.8% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $185.4K | -4.9% |
| 2 Bedrooms | $272.5K | $279.9K | +2.7% |
| 3 Bedrooms | $410K | $425K | +3.7% |
| 4 Bedrooms | $595.9K | $549.9K | -7.7% |
| 5+ Bedrooms | $738.2K | $837.5K | +13.4% |
Summary: Macon County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.9%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Counties
| Macon County | $380K | $425K | +11.8% |
| Jackson County | $348K | $371K | +6.6% |
| Clay County | $395K | $400K | +1.3% |
| Rabun County | $399.9K | $400K | 0.0% |
Housing Supply in Macon County, NC
How many homes are available in Macon County, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 51 | +8.5% |
Summary: The Macon County real estate market had 51 homes for sale in October 2024, a 8.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 23 | 22 | -4.3% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Macon County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 October 2024, the same as the previous 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 Macon County, NC
How long does it take to sell a home in Macon County, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 38 Days | -40.9% |
Summary: Homes in Macon County had an average of 38 days on market in Oct 2024, down by 40.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Macon County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Macon County; 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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