Is Fremont, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Fremont was a Neutral Market.
Key Takeaway
Fremont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fremont, NC
How much do homes in Fremont, NC cost?
Median Sold Price
$245,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Fremont have sold for 14% more than they did a year ago.
Summary: The median home sold price in Fremont was $245,000 in May 2024, up 14% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $110K | -33.3% |
| 3 Bedrooms | $239K | $240K | 0.4% |
| 4 Bedrooms | $330K | $290K | -12.1% |
| 5+ Bedrooms | $220K | $760K | +245.5% |
Summary: Fremont 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 decreased by 33.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes increased by 245.5%.
Median Sold Price Compared To Nearby Cities
| Fremont | $215K | $245K | +14.0% |
| Nahunta Township | $229.5K | $245K | +6.8% |
Housing Supply in Fremont, NC
How many homes are available in Fremont, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 36 | 36 | 0.0% |
Summary: The Fremont real estate market had 36 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 30 | 30 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fremont housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fremont, expect to pay close to the asking price. 70% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Fremont in May 2024, up by 42.9% month-over-month. Of the 10 sold homes, 0% were sold under asking, 70% were sold at asking, and 30% were sold over asking.
Days on Market for Fremont, NC
How long does it take to sell a home in Fremont, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 20 Days | 49 Days | +142.9% |
Summary: Homes in Fremont had an average of 49 days on market in May 2024, up by 142.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fremont are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Fremont; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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