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 Last Month

Since last month, 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

$245,000

$231/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$225,000(-47.9%)

Key Takeaway

Homes in Bryson City have sold for 47.9% less than they did a month ago.

Summary: The median home sold price in Bryson City was $245,000 in November 2024, down 47.9% from last month, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$220K
N/A
2 $398.5K$245K
-38.5%
3 -$274.7K
N/A
4 $510K$260K
-49.0%
5+ --
N/A

Summary: Bryson City housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 49%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Charleston Township
-37.9%
Bryson City
-47.9%

Housing Supply in Bryson City, NC

How many homes are available in Bryson City, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4142+2.4%

Summary: The Bryson City real estate market had 42 homes for sale in November 2024, a 2.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1615
-6.3%
3 911
+22.2%
4 99
0.0%
5+ 44
0.0%

Summary: The Bryson City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Bryson City in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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

Oct 2024Nov 2024CHANGE
38 Days81 Days+109.5%

Summary: Homes in Bryson City had an average of 81 days on market in Nov 2024, up by 109.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 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 November 2024, 5 homes were sold in Bryson City; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 17 Days Ago

Newest Listings in Bryson City, NC

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