Is Pisgah Forest, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Pisgah Forest was a Seller's Market.
Housing Prices in Pisgah Forest, NC
How much do homes in Pisgah Forest, NC cost?
Median Sold Price
$465,500
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pisgah Forest was $465,500 in March 2024, up 7.3% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $261K | - | N/A |
2 Bedrooms | $304K | $332.7K | +9.5% |
3 Bedrooms | $470K | $485K | +3.2% |
4 Bedrooms | $795K | $561.5K | -29.4% |
5+ Bedrooms | $60K | $573K | +855.0% |
Summary: Pisgah Forest 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 9.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 29.4%, and 5+ bedroom homes increased by 855%.
Median Sold Price Compared To Nearby Cities
Brevard | $400K | $501K | +25.3% |
Brevard Township | $400K | $499K | +24.8% |
Pisgah Forest | $434K | $465.5K | +7.3% |
Housing Supply in Pisgah Forest, NC
How many homes are available in Pisgah Forest, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 34 | +13.3% |
Summary: The Pisgah Forest real estate market had 34 homes for sale in March 2024, a 13.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 19 | 22 | +15.8% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pisgah Forest 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 12.5%, 3 bedroom homes increased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Pisgah Forest in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Pisgah Forest, NC
How long does it take to sell a home in Pisgah Forest, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 91 Days | +303.8% |
Summary: Homes in Pisgah Forest had an average of 91 days on market in Mar 2024, up by 303.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Pisgah Forest; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.