Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 1,522 people, 806 houses or apartments, and a median cost of homes of $308,889, Bryson City real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Bryson City, accounting for 51.23% of the town's housing units. Other types of housing that are prevalent in Bryson City include large apartment complexes or high rise apartments ( 17.97%), duplexes, homes converted to apartments or other small apartment buildings ( 14.91%), and a few mobile homes or trailers ( 12.73%).
The most prevalent building size and type in Bryson City are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 38.78% owning and 61.22% renting.
There is a lot of housing in Bryson City built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bryson City built between 1940-1969 ( 28.83%). A lesser amount of the housing stock also hails from between 2000 and later ( 23.89%). There's also some housing in Bryson City built before 1939 ( 7.70%).
Vacant housing appears to be an issue in Bryson City. Fully 20.43% of the housing stock is classified as vacant. Left unchecked, vacant Bryson City homes and apartments can be a drag on the real estate market, holding Bryson City real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Bryson City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 94.97%, which ranks in the top 50% nationwide. This equates to an annual average Bryson City house appreciation rate of 6.90%.
Over the last year, Bryson City appreciation rates have trailed the rest of the nation. In the last twelve months, Bryson City's appreciation rate has been -8.25%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bryson City were at 1.34%, which equates to an annual appreciation rate of 5.47%.
Importantly, this makes Bryson City one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to North Carolina, our data show that Bryson City's latest annual appreciation rate is lower than 90% of the other cities and towns in North Carolina.
$308,889
for North carolina
for nation
806
$1,045 / per month