Is Forbush Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forbush Township is a buyer's market

Buyer's
Market

Difference Since May 2023

Since last year, Forbush Township has remained a Buyer's Market.

Key Takeaway

Forbush Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Forbush Township, NC

How much do homes in Forbush Township, NC cost?

Median Sold Price

$311,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$11,000(+3.7%)

Key Takeaway

Homes in Forbush Township have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Forbush Township was $311,000 in May 2024, up 3.7% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $167.5K-
N/A
3 $310K$282.5K
-8.9%
4 $325K$828K
+154.8%
5+ --
N/A

Summary: Forbush Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 154.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Forbush Township
+3.7%
Lewisville Township
+2.8%
South Liberty Township
-8.3%

Housing Supply in Forbush Township, NC

How many homes are available in Forbush Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
880.0%

Summary: The Forbush Township real estate market had 8 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 36
+100.0%
4 41
-75.0%
5+ 11
0.0%

Summary: The Forbush Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forbush Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Forbush Township in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Forbush Township, NC

How long does it take to sell a home in Forbush Township, NC?

Average Sale Time

May 2023May 2024CHANGE
7 Days5 Days-28.6%

Summary: Homes in Forbush Township had an average of 5 days on market in May 2024, down by 28.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Forbush Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Forbush Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Forbush Township, NC

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What housing markets are near Forbush Township, NC?