Market report, updated

Balsam Home Values and Market Report

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Report prepared by ashevilleluxurybrokers.com

Market at a glance

Over the last 12 months, homes sold for 90.0% of list price in 52 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $149K Sold · $125K
$630K$450K$270K$90K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Dec. Last month: 0.

Where the market stands

All homes in this report, by status.

8homes
Active4 · 50%
Sold (12 mo)4 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

8.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$286K
Sold$272K

Average days on market

Active189 days
Sold52 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4
Average list price $285,750
Avg. days on market 189 days
Avg. price per ft² $210 Based on 3 of 4 homes
Avg. living area 1,575 ft² Based on 3 of 4 homes
Avg. beds / baths 2.7 / 2.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$600K$400K$200K$0

Price vs. living area: 3 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 3 homes in this status.

868 Cabin Flats Road$263
169 Roadrunner Drive$199
67 Quartz Lane$169

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
67 Quartz LaneBalsam, NC 28707 321,056$179,000$16948 days
169 Roadrunner DriveBalsam, NC 28707 332,400$479,000$19992 days
868 Cabin Flats RoadBalsam, NC 28707 231,271$335,000$263175 days
0000 Cabin Flats RoadBalsam, NC 28707 ———$150,000—441 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”