Housing Prices in Balsam Grove, NC

How much do homes in Balsam Grove, NC cost?

Median List Price

$229,000

$203/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$29,000(+14.5%)

Key Takeaway

The list price of homes in Balsam Grove has increased by 14.5% since last year.

Summary: The median home list price in Balsam Grove was $229,000 in March 2024, up 14.5% from the previous year, and the median price per square foot was $203.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $269K-
N/A
2 $107.5K$229K
+113.0%
3 $200K$189.5K
-5.3%
4 -$839.5K
N/A
5+ --
N/A

Summary: Balsam Grove housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 113%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Lake Toxaway
+64.9%
Gloucester Township
+16.4%
Balsam Grove
+14.5%
Catheys Creek Township
-0.7%

Housing Supply in Balsam Grove, NC

How many homes are available in Balsam Grove, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
54-20.0%

Summary: The Balsam Grove real estate market had 4 homes for sale in March 2024, a 20.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 11
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Balsam Grove housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Balsam Grove, NC

How long does it take to sell a home in Balsam Grove, NC?

Average Listing Age

Mar 2023Mar 2024CHANGE
296 Days198 Days-32.9%

Summary: Homes in Balsam Grove had an average listing age of 198 days in Mar 2024, down by 32.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Balsam Grove, NC

Nearby Markets to Balsam Grove, NC

What housing markets are near Balsam Grove, NC?