Is Blue Ridge Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Ridge Township is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Blue Ridge Township was a Seller's Market.

Key Takeaway

Blue Ridge Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Blue Ridge Township, NC

How much do homes in Blue Ridge Township, NC cost?

Median Sold Price

$430,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,500(+1.3%)

Key Takeaway

Homes in Blue Ridge Township have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Blue Ridge Township was $430,000 in April 2024, up 1.3% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $366.1K$275K
-24.9%
2 $350K$425K
+21.4%
3 $400K$431.6K
+7.9%
4 $405K$531.3K
+31.2%
5+ $603.8K$790K
+30.8%

Summary: Blue Ridge Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.9%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 31.2%, and 5+ bedroom homes increased by 30.8%.

Median Sold Price Compared To Nearby Cities

Hendersonville
+17.3%
East Flat Rock
+8.6%
Saluda Township
+2.2%
Blue Ridge Township
+1.3%
Clear Creek Township
-4.9%

Housing Supply in Blue Ridge Township, NC

How many homes are available in Blue Ridge Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
44440.0%

Summary: The Blue Ridge Township real estate market had 44 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 107
-30.0%
3 2730
+11.1%
4 75
-28.6%
5+ 02
+100.0%

Summary: The Blue Ridge Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blue Ridge Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Blue Ridge Township in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Blue Ridge Township, NC

How long does it take to sell a home in Blue Ridge Township, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
5 Days13 Days+155.7%

Summary: Homes in Blue Ridge Township had an average of 13 days on market in Apr 2024, up by 155.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Blue Ridge Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in Blue Ridge Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 10 Days Ago

Newest Listings in Blue Ridge Township, NC

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