$3,859 Closing Credit*
$325,000
1,474 SqFt
3 Beds
•2 Full Baths, 2 Partial
Listing Office: Sundog Realty, Inc.
Is Sylva Township, 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, Sylva Township was a Seller's Market.
Key Takeaway
Sylva Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sylva Township, NC
How much do homes in Sylva Township, NC cost?
Median Sold Price
$350,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,500(+10.2%)
Key Takeaway
Homes in Sylva Township have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Sylva Township was $350,000 in October 2024, up 10.2% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102.5K | $302.5K | +195.1% |
| 2 Bedrooms | $316K | $325K | +2.8% |
| 3 Bedrooms | $288.5K | $350K | +21.3% |
| 4 Bedrooms | $595K | $515K | -13.4% |
| 5+ Bedrooms | $850.7K | - | N/A |
Summary: Sylva Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 195.1%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 21.3%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sylva Township | $317.5K | $350K | +10.2% |
| Sylva | $320K | $350K | +9.4% |
| Cullowhee Township | $415K | $390K | -6.0% |
Housing Supply in Sylva Township, NC
How many homes are available in Sylva Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 53 | -5.4% |
Summary: The Sylva Township real estate market had 53 homes for sale in October 2024, a 5.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 26 | 22 | -15.4% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Sylva Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sylva Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Sylva Township in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Sylva Township, NC
How long does it take to sell a home in Sylva Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 42 Days | +89.0% |
Summary: Homes in Sylva Township had an average of 42 days on market in Oct 2024, up by 89% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sylva Township has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Sylva Township; 38% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.