$195,000
Land
Listing Office: Mossy Oak Properties Carolina Timber & Realty
Is Swain County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Swain County has remained a Buyer's Market.
Key Takeaway
Swain County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Swain County, NC
How much do homes in Swain County, NC cost?
Median Sold Price
$470,000
$317/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$102,500(+27.9%)
Key Takeaway
Homes in Swain County have sold for 27.9% more than they did a month ago.
Summary: The median home sold price in Swain County was $470,000 in October 2024, up 27.9% from last month, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $375K | $398.5K | +6.3% |
| 3 Bedrooms | $360K | - | N/A |
| 4 Bedrooms | - | $510K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Swain County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Swain County, NC
How many homes are available in Swain County, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 44 | +2.3% |
Summary: The Swain County real estate market had 44 homes for sale in October 2024, a 2.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 18 | 19 | +5.6% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Swain County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 5.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 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 Swain County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Swain County in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Swain County, NC
How long does it take to sell a home in Swain County, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 38 Days | -36.1% |
Summary: Homes in Swain County had an average of 38 days on market in Oct 2024, down by 36.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Swain County has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Swain County; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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