Is Middle Fork I Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Middle Fork I Township has remained a Seller's Market.
Key Takeaway
Middle Fork I Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middle Fork I Township, NC
How much do homes in Middle Fork I Township, NC cost?
Median Sold Price
$250,000
$208/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Middle Fork I Township have sold for 18.5% more than they did a month ago.
Summary: The median home sold price in Middle Fork I Township was $250,000 in May 2024, up 18.5% from last month, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $155K | N/A |
| 3 Bedrooms | $210.9K | $315K | +49.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Middle Fork I Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 49.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Middle Fork I Township, NC
How many homes are available in Middle Fork I Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Summary: The Middle Fork I Township real estate market had 6 homes for sale in May 2024, a 40.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Middle Fork I 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 decreased by 66.7%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Middle Fork I Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Middle Fork I Township in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Middle Fork I Township, NC
How long does it take to sell a home in Middle Fork I Township, NC?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 Days | 19 Days | -31.4% |
Summary: Homes in Middle Fork I Township had an average of 19 days on market in May 2024, down by 31.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middle Fork I Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Middle Fork I Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
