Is Waynesville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waynesville is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Waynesville, NC

How much do homes in Waynesville, NC cost?

Median Sold Price

$415,000

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$38,147(+10.1%)

Key Takeaway

Homes in Waynesville have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Waynesville was $415,000 in November 2024, up 10.1% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $154.5K$170K
+10.0%
2 $302.5K$350K
+15.7%
3 $429.1K$459.3K
+7.0%
4 $540K$535K
-0.9%
5+ $470K$578.4K
+23.1%

Summary: Waynesville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 23.1%.

Median Sold Price Compared To Nearby Cities

Waynesville
+10.1%
Waynesville Township
+6.1%
Ivy Hill Township
-2.7%

Housing Supply in Waynesville, NC

How many homes are available in Waynesville, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
252249-1.2%

Summary: The Waynesville real estate market had 249 homes for sale in November 2024, a 1.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 910
+11.1%
2 4961
+24.5%
3 129116
-10.1%
4 4439
-11.4%
5+ 2123
+9.5%

Summary: The Waynesville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 24.5%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes increased by 9.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4333-23.3%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waynesville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Waynesville in November 2024, down by 23.3% month-over-month. Of the 33 sold homes, 67% were sold under asking, 21% were sold at asking, and 12% were sold over asking.

Days on Market for Waynesville, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days57 Days+73.4%

Summary: Homes in Waynesville had an average of 57 days on market in Nov 2024, up by 73.4% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 33 homes were sold in Waynesville; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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

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