$5,047 Closing Credit*
$425,000
1,440 SqFt
4 Beds
•2 Full Baths
Listing Office: Carolina Mountain Realty, Inc.
Is Burnsville Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Burnsville Township was a Seller's Market.
Key Takeaway
Burnsville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Burnsville Township, NC
How much do homes in Burnsville Township, NC cost?
Median Sold Price
$365,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,000(+8.3%)
Key Takeaway
Homes in Burnsville Township have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Burnsville Township was $365,000 in October 2024, up 8.3% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $199.9K | +53.8% |
| 2 Bedrooms | $300K | $320K | +6.7% |
| 3 Bedrooms | $374.3K | $398.7K | +6.5% |
| 4 Bedrooms | $650K | $434K | -33.2% |
| 5+ Bedrooms | $690K | $365K | -47.1% |
Summary: Burnsville Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.8%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 33.2%, and 5+ bedroom homes decreased by 47.1%.
Median Sold Price Compared To Nearby Cities
| Tyson Township | $246K | $376K | +52.8% |
| Burnsville Township | $337K | $365K | +8.3% |
Housing Supply in Burnsville Township, NC
How many homes are available in Burnsville Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 105 | 101 | -3.8% |
Summary: The Burnsville Township real estate market had 101 homes for sale in October 2024, a 3.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 24 | 27 | +12.5% |
| 3 Bedrooms | 61 | 53 | -13.1% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Burnsville 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 increased by 12.5%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Burnsville Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Burnsville Township in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Burnsville Township, NC
How long does it take to sell a home in Burnsville Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 19 Days | -61.3% |
Summary: Homes in Burnsville Township had an average of 19 days on market in Oct 2024, down by 61.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Burnsville Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Burnsville Township; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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