Why Live in Tuckasegee
Tuckasegee, a community in North Carolina, has a few spelling variations, but most agree that the term comes from a Cherokee word meaning "place of the turtle." The verdant area sits within the Blue Ridge Mountains, with an elevation of around 2,100 feet. The Tuckasegee River, known locally as the "Tuck," winds through the community. The area attracts those looking to live in the countryside with lower property taxes. "Our tax base has been very reasonable here, an estimated half [of North Carolina's average property rate]," says Patricia Stanberry, a Jackson County Chamber Ambassador, as well as the broker and owner of Apple Realty LLC. "But they are revamping everything in Jackson [County] too. They've gone up on our tax base and adjusted the millage." The community includes several cottages and chalets with mountain views. Generally, these homes feature wood siding and front porches. Over half of the residences sold are on lots larger than 2 acres. Some properties are suitable for keeping horses. The majority of move-in-ready houses range in price from $350,000 to $800,000. Lots containing manufactured homes cost between $230,000 and $350,000. Condos in Bear Lake Reserve range
Home Trends in Tuckasegee, NC
On average, homes in Tuckasegee, Cullowhee sell after 135 days on the market compared to the national average of 51 days. The median sale price for homes in Tuckasegee, Cullowhee over the last 12 months is $469,900, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$469,900
Median Single Family Sale Price
$525,000
Median Townhouse Sale Price
$490,000
Median 2 Bedroom Sale Price
$480,000
Average Price Per Sq Ft
$301
Number of Homes for Sale
36
Last 12 months Home Sales
53
Median List Price
$525,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%