Transylvania County, NC Home Values & Market Trends

The median home price in Transylvania County, NC is $448,366.54. There were 613 home sales in Transylvania County, NC over the past 12 months. The median residential Transylvania County, NC home value for transactions over the previous year is $381,000. The number of current listings in Transylvania County, NC is 113, and the percentage of properties for sale is 113.00%. The county has 7 foreclosures, 1 bank owned properties, 6 headed for auction, and 113 properties for sale.

Transylvania County, NC Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Brevard

$ 541,934

$ 285/sqft

Penrose

$ 520,339

$ 289/sqft

Lake Toxaway

$ 1,375,000

$ 512/sqft

Rosman

$ 485,253

$ 365/sqft

Pisgah Forest

$ 634,479

$ 252/sqft

Cedar Mountain

$ 735,543

$ 304/sqft

Sapphire

$ 968,066

$ 358/sqft

Balsam Grove

$ --

$ --

Housing Market Summary for Transylvania County, NC

Apr 2023March 2024Change
Median Listing Price$474.9K$453.4K-4.52%
Median Sold Price$401.2K$453.4K13.02%
Homes For Sale1111120.90%
Homes Sold416383-7.93%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Transylvania County, NC

Transylvania County, NC home values range from $28,305 to $15,736,045. Lake Toxaway is the priciest city with a median listing home price of $1,845,000, and Rosman is most affordable with average house prices of around $336,500.

Foreclosure
There are 8 cities within Transylvania County, NC; within these cities, the median estimated home value for homes in foreclosure ranges from $434,000 in Sapphire to the lowest value of $162,600 in Sapphire. Foreclosure homes account for 0.00% of properties in Transylvania County, NC with Brevard containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Transylvania County, NC with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Transylvania County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Transylvania County, NC ranges from the highest value of $434,000 in Penrose to the lowest value of $434,000 in Penrose. Bank owned homes and properties account for 0.01% of properties in Transylvania County, NC. There are 8 cities within Transylvania County, NC; Penrose containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Brevard has 3 auction properties, the highest number of properties going to auction in a single city in the state of Transylvania County, NC. Auction homes and other auction properties account for 0.04% of all properties in Transylvania County, NC. There are 8 cities within Transylvania County, NC; of those cities, the median estimated home value for homes going to auction ranges from $639,737 in Brevard to the lowest value of $198,388 in Brevard.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.67% of residential properties in Transylvania County, NC with Brevard containing 61 homes for sale, the highest number of listed properties in a single city. There are 8 cities within Transylvania County, NC; homes for sale in those cities, have a range of median values from $735,543 in Cedar Mountain to the lowest value of $97,556 in Brevard.
    Sold Homes
    The median value for recently sold homes ranges from $700,002 in Penrose to the lowest price of $31,322 in Penrose. There are 8 cities within Transylvania County, NC. Brevard has 230 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.37% of properties in Transylvania County, NC.

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      Guide for Transylvania County, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent
      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent|posted 12 February 2024

      This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.

      Recently Listed Homes Transylvania County, NC

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