Market Summary

Balsam, Jackson County, NC

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Median Home Price Price

$294,609 $294.6K

Median Monthly Rent Rent

$1,089 $1.1K

GRM

23.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Jackson County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Jackson County

Region Price Rent GRM Display

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
$215,477 $1,092 16.0x
$178,660 $1,002 15.0x
$224,177 $958 20.0x
$261,478 $1,097 20.0x
$278,027 $1,099 21.0x
$264,488 $1,022 22.0x
$146,663 $951 13.0x
$176,007 $875 17.0x
$237,829 $1,009 20.0x
$172,831 $1,139 13.0x
$340,847 $952 30.0x
$375,284 $1,309 24.0x
$152,248 $1,074 12.0x
$166,997 $919 15.0x
$301,852 $1,038 24.0x
$361,733 $1,142 26.0x
$142,016 $988 12.0x
$279,216 $691 34.0x
$306,479 $932 27.0x
$307,410 $1,078 24.0x
$274,989 $1,018 23.0x
$315,744 $1,342 20.0x
$134,587 $1,162 10.0x
$410,536 $1,355 25.0x
$216,712 $1,029 18.0x
$257,349 $1,225 18.0x
$204,046 $908 19.0x
$258,800 $1,113 19.0x
$321,633 $975 27.0x
$271,052 $1,038 22.0x
$353,030 $1,283 23.0x
$114,127 $824 12.0x
$276,215 $1,056 22.0x
$270,646 $1,047 22.0x
$337,936 $940 30.0x
$313,877 $1,221 21.0x

Home prices

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Monthly rent

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GRM

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Balsam

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Trend Insights

Median Rent in Balsam, NC is $1,089, with MoM change +$4 and YoY change +$22 pointing to positive momentum while volatility is low (std $4).

Benchmark Markets Side by Side

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Metric
Base market Balsam, NC
Compare market Select a market
Delta vs base
Median rent
$1,089
N/A
Median price
$294,609
N/A
YoY change
+$22
N/A
Price-to-rent
22.5x
Data unavailable
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