Market Summary

Balsam Grove, Transylvania County, NC

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Median Home Price Price

$304,133 $304.1K

Median Monthly Rent Rent

$1,194 $1.2K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Transylvania 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 Transylvania County

Region Price Rent GRM Display
$215,596 $930 19.0x
$321,969 $1,000 27.0x
$250,686 $945 22.0x
$224,294 $830 23.0x
$255,967 $1,020 21.0x
$219,819 $1,048 17.0x

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
$229,652 $813 23.0x
$174,631 $1,073 13.0x
$229,966 $1,288 15.0x
$314,743 $1,224 21.0x
$322,814 $1,197 22.0x
$184,043 $1,183 13.0x
$357,434 $1,643 18.0x
$226,506 $1,111 17.0x
$325,088 $1,238 22.0x
$201,404 $1,168 14.0x
$239,722 $1,186 17.0x
$194,631 $905 18.0x
$297,856 $1,548 16.0x
$317,734 $1,118 24.0x
$182,319 $1,118 14.0x
$223,758 $943 20.0x
$405,943 $1,143 30.0x
$223,791 $856 22.0x
$224,605 $792 24.0x
$235,842 $861 23.0x
$217,807 $1,108 16.0x
$231,412 $1,257 15.0x
$153,030 $1,155 11.0x
$230,739 $1,151 17.0x
$208,881 $1,227 14.0x
$229,219 $775 25.0x
$267,650 $1,088 20.0x
$320,868 $1,128 24.0x
$216,123 $1,035 17.0x

Home prices

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Monthly rent

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GRM

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Balsam Grove

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Trend Insights

Median Rent in Balsam Grove, NC is $1,194, with MoM change +$13 and YoY change +$104 pointing to positive momentum while volatility is low (std $26).

Benchmark Markets Side by Side

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Metric
Base market Balsam Grove, NC
Compare market Select a market
Delta vs base
Median rent
$1,194
N/A
Median price
$304,133
N/A
YoY change
+$104
N/A
Price-to-rent
21.2x
Data unavailable
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