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 9 Days Ago

Newest Listings in Blue Ridge Township, NC

Nearby Markets to Blue Ridge Township, NC

What housing markets are near Blue Ridge Township, NC?