Is Brevard, NC a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Brevard is a seller's market


Difference Since August 2022

Since last year, Brevard has remained a Seller's Market.

Key Takeaway

Brevard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in Brevard, NC cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Brevard have sold for 26.5% more than they did a year ago.

Summary: The median home sold price in Brevard was $467,500 in August 2023, up 26.5% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $316.2K$299K
2 $279K$310K
3 $384.9K$520K
4 $511K$577.4K
5+ $315K$592K

Summary: Brevard housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 35.1%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 87.9%.

Median Sold Price Compared To Nearby Cities

Brevard Township
Dunns Rock Township
Pisgah Forest
Catheys Creek Township

Housing Supply

How many homes are available in Brevard, NC?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Brevard real estate market had 125 homes for sale in August 2023, a 5.0% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 36
2 2823
3 6066
4 1920
5+ 910

Summary: The Brevard housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brevard, you may be able to get a good deal. 51.6% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Brevard in August 2023, up by 29.2% month-over-month. Of the 31 sold homes, 52% were sold under asking, 23% were sold at asking, and 26% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
10 Days46 Days+325.4%

Summary: Homes in Brevard had an average of 46 days on market in Aug 2023, up by 325.4% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 31 homes were sold in Brevard; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 19% 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 24 Days Ago

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Nearby Markets

What housing markets are near Brevard, NC?