$10,000 Closing Credit*
$939,000
2,662 SqFt
3 Beds
•3 Full Baths, 1 Partial
Listing Office: Keller Williams Professionals
Is Woodfin, 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, Woodfin was a Seller's Market.
Key Takeaway
Woodfin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Woodfin, NC
How much do homes in Woodfin, NC cost?
Median Sold Price
$448,300
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,400(+8.1%)
Key Takeaway
Homes in Woodfin have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Woodfin was $448,300 in October 2024, up 8.1% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230.5K | $459K | +99.1% |
| 2 Bedrooms | $325K | $325K | 0.0% |
| 3 Bedrooms | $420K | $473.4K | +12.7% |
| 4 Bedrooms | $790.7K | $597K | -24.5% |
| 5+ Bedrooms | $1.0M | $875K | -18.8% |
Summary: Woodfin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 99.1%, 2 bedroom homes did not change, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 24.5%, and 5+ bedroom homes decreased by 18.8%.
Median Sold Price Compared To Nearby Cities
| Reems Creek Township | $487.4K | $538.5K | +10.5% |
| Woodfin | $414.9K | $448.3K | +8.1% |
| French Broad Township | $429.9K | $444.8K | +3.5% |
| Asheville Township | $495K | $499.9K | +1.0% |
Housing Supply in Woodfin, NC
How many homes are available in Woodfin, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 42 | -6.7% |
Summary: The Woodfin real estate market had 42 homes for sale in October 2024, a 6.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 21 | 19 | -9.5% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Woodfin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodfin, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Woodfin in October 2024, down by 66.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Woodfin, NC
How long does it take to sell a home in Woodfin, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 50 Days | +245.0% |
Summary: Homes in Woodfin had an average of 50 days on market in Oct 2024, up by 245% compared to last year.
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 Woodfin has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Woodfin; 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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