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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saluda Township is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Saluda Township, NC

How much do homes in Saluda Township, NC cost?

Median Sold Price

$460,000

$313/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,500(+5.9%)

Key Takeaway

Homes in Saluda Township have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Saluda Township was $460,000 in November 2024, up 5.9% from last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $259.7K$157.5K
-39.4%
2 $361.2K$400K
+10.7%
3 $523.5K$497.5K
-5.0%
4 $602.5K$780.1K
+29.5%
5+ $1.0M$713.7K
-32.8%

Summary: Saluda Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.4%, 2 bedroom homes increased by 10.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 29.5%, and 5+ bedroom homes decreased by 32.8%.

Median Sold Price Compared To Nearby Cities

Tryon Township
+17.6%
Saluda Township
+5.9%
Saluda
+5.9%
Blue Ridge Township
-2.5%

Housing Supply in Saluda Township, NC

How many homes are available in Saluda Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2935+20.7%

Summary: The Saluda Township real estate market had 35 homes for sale in November 2024, a 20.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 612
+100.0%
3 1616
0.0%
4 21
-50.0%
5+ 45
+25.0%

Summary: The Saluda Township 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saluda 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 Saluda Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Saluda Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days235 Days+936.8%

Summary: Homes in Saluda Township had an average of 235 days on market in Nov 2024, up by 936.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saluda Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Saluda Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in Saluda Township, NC

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