Is Brevard Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Brevard Township has remained a Seller's Market.
Housing Prices in Brevard Township, NC
How much do homes in Brevard Township, NC cost?
Median Sold Price
$498,531
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Brevard Township was $498,531 in May 2024, up 21.6% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $336K | $265K | -21.1% |
2 Bedrooms | $300K | $420K | +40.0% |
3 Bedrooms | $432.5K | $532K | +23.0% |
4 Bedrooms | $570.4K | $749.5K | +31.4% |
5+ Bedrooms | $375K | $688.7K | +83.7% |
Summary: Brevard Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.1%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 31.4%, and 5+ bedroom homes increased by 83.7%.
Median Sold Price Compared To Nearby Cities
Brevard Township | $410K | $498.5K | +21.6% |
Brevard | $422.5K | $500.5K | +18.5% |
Pisgah Forest | $430K | $469K | +9.1% |
Dunns Rock Township | $523.5K | $571K | +9.1% |
Catheys Creek Township | $381K | $414.5K | +8.8% |
Housing Supply in Brevard Township, NC
How many homes are available in Brevard Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
136 | 142 | +4.4% |
Summary: The Brevard Township real estate market had 142 homes for sale in May 2024, a 4.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 32 | 31 | -3.1% |
3 Bedrooms | 74 | 73 | -1.4% |
4 Bedrooms | 23 | 28 | +21.7% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Brevard Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 25 | -28.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Brevard Township in May 2024, down by 28.6% month-over-month. Of the 25 sold homes, 48% were sold under asking, 28% were sold at asking, and 24% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 32 Days | +82.3% |
Summary: Homes in Brevard Township had an average of 32 days on market in May 2024, up by 82.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 25 homes were sold in Brevard Township; 68% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.