$4,749 Closing Credit*
$399,900
1,726 SqFt
2 Beds
•3 Full Baths, 1 Partial
Listing Office: Keller Williams Professionals
Is French Broad 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, French Broad Township was a Seller's Market.
Key Takeaway
French Broad Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in French Broad Township, NC
How much do homes in French Broad Township, NC cost?
Median Sold Price
$444,800
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,850(+3.5%)
Key Takeaway
Homes in French Broad Township have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in French Broad Township was $444,800 in October 2024, up 3.5% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $208.5K | - | N/A |
| 2 Bedrooms | $330K | $350K | +6.1% |
| 3 Bedrooms | $417.9K | $448.3K | +7.3% |
| 4 Bedrooms | $660K | $569K | -13.8% |
| 5+ Bedrooms | $1.1M | $880K | -21.1% |
Summary: French Broad Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 21.1%.
Median Sold Price Compared To Nearby Cities
| Reems Creek Township | $487.4K | $538.5K | +10.5% |
| Woodfin | $414.9K | $448.3K | +8.1% |
| Leicester Township | $394.9K | $420K | +6.4% |
| French Broad Township | $429.9K | $444.8K | +3.5% |
Housing Supply in French Broad Township, NC
How many homes are available in French Broad Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 44 | -4.3% |
Summary: The French Broad Township real estate market had 44 homes for sale in October 2024, a 4.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 28 | 29 | +3.6% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The French Broad 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 decreased by 25%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in French Broad Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in French Broad Township in October 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for French Broad Township, NC
How long does it take to sell a home in French Broad Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 7 Days | -47.3% |
Summary: Homes in French Broad Township had an average of 7 days on market in Oct 2024, down by 47.3% compared to last year.
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
Key Takeaway
Many homes in French Broad Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in French Broad Township; 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.