Skip to main content

NC area data

Balsam grove, NC

Balsam grove, NC.

Population: 456 (Census ACS)

Home values & appreciation

Median home value
$327,598
1-year appreciation
-0.2%
3-year appreciation
+9.9%
5-year appreciation
+26.4%
10-year appreciation
+120.9%
All-time peak (2025-11)
$336,566
House Price Index
438.2 (+1.0% YoY)

Market activity

Median sale price
$223,500
Median list price
$295,000
Median days on market
176 days
Sale-to-list ratio
100.4%
Active listings
3
1-year forecast
+2.8%

Rents

2-bedroom fair-market rent (HUD reference)
$1,308/mo
3BR fair-market rent
$1,700/mo

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, iceStorm, landslide, lightning, strongWind
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
58.0°F
Average high
67.0°F
Average low
48.0°F
Annual precipitation
45.7 in
Annual snowfall
1.4 in

Walkability & transit

Walkability index
4.0 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
3
Nearest national park
Carl Sandburg Home National Historic Site (23 mi)
Nearest airport
Brevard Airport (8 mi)
Nearest major airport
Asheville Regional Airport (AVL) (21 mi)
Hospitals nearby (~15 mi)
4
Avg hospital rating
3.3 / 5
Solar radiation rating
Fair (4.4 kWh/m²/day)

Migration

Net migration
+157 tax filers

Housing stock

Median year housing built
1,989
Median annual property tax
$857
Households with broadband internet
69.5%

Employment & development

Total county employment
8,194
Average weekly wage
$891
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
179

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents