Listing Office: EXP Realty LLC
Broad River Township Housing Market Report February 2025•Buncombe County, North Carolina
Housing Prices in Broad River Township, NC
How much do homes in Broad River Township, NC cost?
Housing Market Conditions
Is Broad River Township, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Broad River Township is a Buyer's Market
Difference Since February 2024
At the same time last year, Broad River Township was a Seller's Market.
Insight
Broad River Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$510,339$314/SqFt
+$45,339
+9.8%
Based on all homes sold in the last 12 months
Insight
Homes in Broad River Township have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Broad River Township was $510,339 in February 2025, up 9.8% from last year, and the median price per square foot was $314.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Broad River Township | $465K | $510.3K | +9.8% |
| Black Mountain Township | $502K | $543.7K | +8.3% |
| Fairview | $535K | $557K | +4.1% |
| Fairview Township | $586.6K | $599K | +2.1% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $345K | - | N/A |
| 22 Bedrooms | $432.5K | $428K | -1.0% |
| 33 Bedrooms | $475K | $582.5K | +22.6% |
| 44 Bedrooms | $800K | $1.3M | +67.8% |
| 55+ Bedrooms | $3.0M | - | N/A |
Summary: Broad River Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -1.0%. The home price for 3 bedroom homes increased by +22.6%. The home price for 4 bedroom homes increased by +67.8%. The home price for 5 bedroom homes did not change.
Housing supply in Broad River Township, NC
How many homes are available in Broad River Township, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthFeb 2025 | ||
| 92 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Summary: The Broad River Township real estate market had 9 homes for sale in Feb 2025, the same as Jan 2025
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthFeb 2025 | ||
| 22 months agoJan 2025 | -50.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 5 | +25.0% |
| 33 Bedrooms | 4 | 4 | 0.0% |
| 44 Bedrooms | 1 | 0 | -100.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Broad River Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Broad River Township, NC cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Broad River Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Broad River Township in February 2025, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Broad River Township, NC
How long does it take to sell a home in Broad River Township, NC?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Broad River Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 1 homes were sold in Broad River Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 494 DaysThis YearFeb 2025 | ||
| 95 Days1 year agoFeb 2024 | +420.0 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Broad River Township had an average listing age of 494 days in Feb 2025, up by 420.0% compared to the previous year.
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Newest Listings in Broad River Township, NC
What homes are available in Broad River Township, NC?
$10,000 Closing Credit¹
Listing Office: Keller Williams - Black Mtn.
$4,334 Closing Credit¹
Listing Office: EXP Realty LLC
Listing Office: Jason Land Realty
Listing Office: Appalachian Realty Associates
$4,453 Closing Credit¹
Listing Office: EXP Realty LLC
$7,118 Closing Credit¹
Listing Office: GreyBeard Realty
Listing Office: Keller Williams - Black Mtn.
Listing Office: 3 Solutions Real Estate LLC
Listing Office: Mountain Real Estate Rocks
Listing Office: 3 Solutions Real Estate LLC
Listing Office: Allen Tate/Beverly-Hanks Hendersonville
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Based on information from Canopy MLS, for the period 03/01/2023 - 03/01/2025
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Last updated on: 3/4/2025, 10:51:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.