Is Brevard Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Brevard Township has remained a Seller's Market.
Housing Prices in Brevard Township, NC
How much do homes in Brevard Township, NC cost?
Median Sold Price
$499,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Brevard Township was $499,000 in March 2024, up 24.8% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $296K | $302.5K | +2.2% |
2 Bedrooms | $300K | $394.5K | +31.5% |
3 Bedrooms | $425K | $535K | +25.9% |
4 Bedrooms | $530K | $712.5K | +34.4% |
5+ Bedrooms | $425K | $750K | +76.5% |
Summary: Brevard Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 31.5%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 34.4%, and 5+ bedroom homes increased by 76.5%.
Median Sold Price Compared To Nearby Cities
Brevard | $400K | $501K | +25.3% |
Brevard Township | $400K | $499K | +24.8% |
Dunns Rock Township | $510K | $564K | +10.6% |
Pisgah Forest | $434K | $465.5K | +7.3% |
Catheys Creek Township | $427K | $409K | -4.2% |
Housing Supply in Brevard Township, NC
How many homes are available in Brevard Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
101 | 119 | +17.8% |
Summary: The Brevard Township real estate market had 119 homes for sale in March 2024, a 17.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 31 | 33 | +6.5% |
3 Bedrooms | 47 | 61 | +29.8% |
4 Bedrooms | 13 | 17 | +30.8% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Brevard Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 29.8%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 26 | +18.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Brevard Township in March 2024, up by 18.2% month-over-month. Of the 26 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.
Days on Market for Brevard Township, NC
How long does it take to sell a home in Brevard Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 71 Days | +21.6% |
Summary: Homes in Brevard Township had an average of 71 days on market in Mar 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in Brevard Township; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.