Housing Prices in Balsam Grove, NC
How much do homes in Balsam Grove, NC cost?
Median List Price
$284,000
$202/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Balsam Grove has increased by 42% since last year.
Summary: The median home list price in Balsam Grove was $284,000 in May 2024, up 42% from the previous year, and the median price per square foot was $202.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $269K | - | N/A |
| 2 Bedrooms | $107.5K | $284K | +164.2% |
| 3 Bedrooms | $200K | $186.2K | -6.9% |
| 4 Bedrooms | - | $615K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Balsam Grove housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 164.2%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Lake Toxaway | $474.5K | $849K | +78.9% |
| Balsam Grove | $200K | $284K | +42.0% |
| Gloucester Township | $292.4K | $339.4K | +16.1% |
| Canada Township | $450K | $494.4K | +9.9% |
| Catheys Creek Township | $429.2K | $439.2K | +2.3% |
Housing Supply in Balsam Grove, NC
How many homes are available in Balsam Grove, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The Balsam Grove real estate market had 5 homes for sale in May 2024, a 66.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Balsam Grove 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Balsam Grove, NC
How long does it take to sell a home in Balsam Grove, NC?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 235 Days | 134 Days | -43.0% |
Summary: Homes in Balsam Grove had an average listing age of 134 days in May 2024, down by 43% compared to the previous year.
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.