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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weaverville is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Weaverville, NC

How much do homes in Weaverville, NC cost?

Median Sold Price

$505,000

$279/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,000(-1.2%)

Key Takeaway

Homes in Weaverville have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Weaverville was $505,000 in November 2024, down 1.2% from last year, and the median price per square foot was $279.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $329.5K$363K
+10.2%
2 $392K$409K
+4.3%
3 $490K$505K
+3.1%
4 $717K$708K
-1.3%
5+ $914.5K$810K
-11.4%

Summary: Weaverville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 11.4%.

Median Sold Price Compared To Nearby Cities

Reems Creek Township
+3.2%
Weaverville
-1.2%

Housing Supply in Weaverville, NC

How many homes are available in Weaverville, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
97102+5.2%

Summary: The Weaverville real estate market had 102 homes for sale in November 2024, a 5.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1612
-25.0%
3 6266
+6.5%
4 1317
+30.8%
5+ 45
+25.0%

Summary: The Weaverville 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 decreased by 25%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
188-55.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weaverville, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Weaverville in November 2024, down by 55.6% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for Weaverville, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days62 Days+213.4%

Summary: Homes in Weaverville had an average of 62 days on market in Nov 2024, up by 213.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Weaverville; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

Newest Listings in Weaverville, NC

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