Is Brevard Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brevard Township is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Brevard Township was a Seller's Market.

Key Takeaway

Brevard 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 Brevard Township, NC

How much do homes in Brevard Township, NC cost?

Median Sold Price

$507,500

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$44,333(+9.6%)

Key Takeaway

Homes in Brevard Township have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Brevard Township was $507,500 in October 2024, up 9.6% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $340K$214K
-37.1%
2 $341K$386.7K
+13.4%
3 $500K$533.5K
+6.7%
4 $613.3K$813K
+32.6%
5+ $592K$626.2K
+5.8%

Summary: Brevard Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.1%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 32.6%, and 5+ bedroom homes increased by 5.8%.

Median Sold Price Compared To Nearby Cities

Brevard Township
+9.6%
Brevard
+8.8%
Dunns Rock Township
+1.3%
Pisgah Forest
-1.1%

Housing Supply in Brevard Township, NC

How many homes are available in Brevard Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
153147-3.9%

Summary: The Brevard Township real estate market had 147 homes for sale in October 2024, a 3.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 66
0.0%
2 3939
0.0%
3 7571
-5.3%
4 2220
-9.1%
5+ 1111
0.0%

Summary: The Brevard Township 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 decreased by 5.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2523-8.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brevard Township, you may be able to get a good deal. 73.9% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Brevard Township in October 2024, down by 8.0% month-over-month. Of the 23 sold homes, 74% were sold under asking, 17% were sold at asking, and 9% 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

Oct 2023Oct 2024CHANGE
36 Days63 Days+73.2%

Summary: Homes in Brevard Township had an average of 63 days on market in Oct 2024, up by 73.2% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 23 homes were sold in Brevard Township; 52% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 26% 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 16 Days Ago

Newest Listings in Brevard Township, NC

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What housing markets are near Brevard Township, NC?