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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brasstown is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Brasstown, NC

How much do homes in Brasstown, NC cost?

Median Sold Price

$460,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$70,000(+17.9%)

Key Takeaway

Homes in Brasstown have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in Brasstown was $460,000 in October 2024, up 17.9% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $180K$165K
-8.3%
2 $365K$530.8K
+45.4%
3 $552.4K$460K
-16.7%
4 $590K$392.2K
-33.5%
5+ -$250K
N/A

Summary: Brasstown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 45.4%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Brasstown
+17.9%
Brasstown Township
+17.9%
Murphy Township
+8.8%

Housing Supply in Brasstown, NC

How many homes are available in Brasstown, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1719+11.8%

Summary: The Brasstown real estate market had 19 homes for sale in October 2024, a 11.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1315
+15.4%
4 00
0.0%
5+ 00
0.0%

Summary: The Brasstown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Brasstown, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Brasstown in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Brasstown, NC

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Brasstown; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Brasstown, NC

Nearby Markets to Brasstown, NC

What housing markets are near Brasstown, NC?