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Foreclosure Homes in Balsam, NC

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Balsam, NC Foreclosures

Current Market Conditions in in Balsam, NC As of March 2026?
Over the past month, Balsam has experienced a slight increase in home prices due to a growing demand for vacation homes in the area, driven by the recent trend of remote work and preference for nature-oriented living. Inventory remains low, leading to competitive bidding in some segments, particularly for properties with larger lots and scenic views.
How much do homes sell for in Balsam, NC?
The average home price is currently $358,287.
In Balsam, NC, how many homes are available?
There are currently 17 active home listings available in Balsam.
What’s the average rental cost in Balsam, NC?
The average rental price in Balsam is $985.
What is the most expensive home in Balsam?
The most expensive home sold in Balsam had a price of $1,569,641.
What is currently the cheapest priced home in Balsam, NC?
The cheapest home for sale in Balsam is priced at $86,744.

Living in Balsam, NC

Balsam, NC is a charming small town located in the heart of the Smoky Mountains. It offers a unique blend of natural beauty and outdoor adventure while providing a close-knit community atmosphere. Residents can enjoy various recreational opportunities such as hiking, fishing, and exploring nearby waterfalls, all within a tranquil mountain setting.

Buyer vs Seller Market in Balsam, NC

The real estate market in Balsam, NC is currently seeing an uptick in interest as more people look for second homes or relocation options amidst its stunning mountain backdrop. Homes are typically valued for their access to natural beauty and recreational opportunities, with prices reflecting the rarity of such amenities in a tranquil setting.

Home Value Estimator For Balsam, NC

There are currently 18 real estate properties in Balsam, NC, with a median automated valuation model (AVM) price of $231,190.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Balsam, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Balsam, NC, is $358,287.00, with the most expensive house in Balsam, NC, topping out at $1,569,641.00 and the cheapest home in Balsam, NC, clocking in at $86,744.00. In other words, there’s something for every potential homebuyer or savvy investor in Balsam, NC!

Rent Prices In Balsam, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Balsam, NC, is on a rollercoaster ride. The average rent price in Balsam, NC, is $985.00. Indeed, when looking to rent in Balsam, NC, you can expect to pay as little as $490.00 or as much as $2,360.00, with the average rent median estimated to be $870.00. The good news is that finding an affordable and desirable property to rent in Balsam, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Balsam, NC Foreclosures


Market Trend for Balsam, NC

Total Listings Available: 17

Market Values:

Home Prices from $86,744 to $1,569,641

Average Sales Price: $358,287

Rental Values:

Rental from $490 to $2,360

Average Rent Value: $985 / month

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