Hayesville Real Estate Market Slides to Contracts Bottom

A dip in the number of pending transactions in the Hayesville market over the last 30 days resulted in the lowest amount since April. While three homes went under contract, there were four completed sales. In comparison, Salem led all other nearby municipalities with 47 contracts executed. The median sales price of all transactions in Hayesville did not budge this week, remaining at $215,300. Despite the falling contracts numbers, there are only three months of inventory remaining, indicating that Hayesville is a still seller's market.

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Demographic facts for Hayesville:

  • The median value of all homes in the area is $138,100.
  • The area gets 140 rainy days a year. (U.S. average: 100)
  • The area's unemployment rate is 9.1%.
  • There are 16.8 students for every teacher. (15.3 = national average)

Data reported through 10/12/2016

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