Is Middle Fork I Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middle Fork I Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Middle Fork I Township was a Buyer'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

$210,900

$175/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$90,900(+75.8%)

Key Takeaway

Homes in Middle Fork I Township have sold for 75.8% more than they did a month ago.

Summary: The median home sold price in Middle Fork I Township was $210,900 in April 2024, up 75.8% from last month, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $120K$210.9K
+75.8%
4 --
N/A
5+ --
N/A

Summary: Middle Fork I Township housing prices by bedroom type for April 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 75.8%, 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

Mar 2024Apr 2024CHANGE
98-11.1%

Summary: The Middle Fork I Township real estate market had 8 homes for sale in April 2024, a 11.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 76
-14.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Middle Fork I Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middle Fork I Township, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Middle Fork I Township in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% 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

Mar 2024Apr 2024CHANGE
1 Day28 Days+2720.0%

Summary: Homes in Middle Fork I Township had an average of 28 days on market in Apr 2024, up by 2720% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Middle Fork I Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 15 Days Ago

Newest Listings in Middle Fork I Township, NC

Nearby Markets to Middle Fork I Township, NC

What housing markets are near Middle Fork I Township, NC?