Is Bryson City, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bryson City is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, Bryson City has remained a Buyer's Market.

Key Takeaway

Bryson City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bryson City, NC

How much do homes in Bryson City, NC cost?

Median Sold Price

$395,000

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,000(+2.6%)

Key Takeaway

Homes in Bryson City have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Bryson City was $395,000 in March 2024, up 2.6% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $215K$216.5K
+0.7%
2 $395K$312.5K
-20.9%
3 $340K$415K
+22.1%
4 -$522K
N/A
5+ $571K$1.5M
+175.8%

Summary: Bryson City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes decreased by 20.9%, 3 bedroom homes increased by 22.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 175.8%.

Housing Supply in Bryson City, NC

How many homes are available in Bryson City, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2734+25.9%

Summary: The Bryson City real estate market had 34 homes for sale in March 2024, a 25.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 1114
+27.3%
3 711
+57.1%
4 55
0.0%
5+ 22
0.0%

Summary: The Bryson City 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 increased by 27.3%, 3 bedroom homes increased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bryson City, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bryson City in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bryson City, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
9 Days26 Days+188.9%

Summary: Homes in Bryson City had an average of 26 days on market in Mar 2024, up by 188.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Bryson City are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Bryson City; 50% of homes were sold within 30 days, 50% 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 24 Days Ago

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