$10,000 Closing Credit*
$1,100,000
3,411 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: C-21 Mountain Vistas
Is Watauga 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, Watauga Township was a Seller's Market.
Key Takeaway
Watauga Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Watauga Township, NC
How much do homes in Watauga Township, NC cost?
Median Sold Price
$562,700
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,200(+0.9%)
Key Takeaway
Homes in Watauga Township have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Watauga Township was $562,700 in October 2024, up 0.9% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $387K | $190K | -50.9% |
| 2 Bedrooms | $300K | $315.3K | +5.1% |
| 3 Bedrooms | $634K | $660K | +4.1% |
| 4 Bedrooms | $737K | $1.4M | +90.0% |
| 5+ Bedrooms | $662K | - | N/A |
Summary: Watauga Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.9%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 90%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Watauga Township | $557.5K | $562.7K | +0.9% |
| Banner Elk | $462.5K | $315K | -31.9% |
Housing Supply in Watauga Township, NC
How many homes are available in Watauga Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Summary: The Watauga Township real estate market had 22 homes for sale in October 2024, a 4.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Watauga 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 decreased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Watauga Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Watauga Township in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Watauga Township, NC
How long does it take to sell a home in Watauga Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 53 Days | +412.9% |
Summary: Homes in Watauga Township had an average of 53 days on market in Oct 2024, up by 412.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Watauga Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Watauga Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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