Henderson County Market Update

Henderson County Market Update

published on October 26, 2018 by Noah George Team

Over the past 12 months in Henderson County, the real estate market has sustained strong buyer demand and overall low inventory levels but especially under $300,000.  Henderson County is averaging 150 single family homes sold per month, with inventory around 650 homes currently available. Interestingly, we were hovering around 500 homes on the market throughout the summer. However in the past 90 days the inventory has increased, homes are staying on the market longer and there has been an increase in price reductions.

For perspective on our local market in the past 12 months, 1011 of the 1808 homes sold in the first 30 days. This is compared to 890 of the 1718 homes sold in the first 30 days during 2017.  The average price of single family homes sold in the past 12 months is $304,175 compared to $278,279 in the previous 12 month period.

Call The Noah George Team Today at (828)393-0134 for your “no pressure, no cost and no obligation” consultation to discuss your goals and plans in context of the market as you consider selling your home.

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All information found in this blog post is deemed reliable but not guaranteed. Real estate listing data is provided by the listing agent of the property and is not controlled by the owner or developer of this website. Any information found here should be cross referenced with the local county and state organizations.