Is Cedar Fork Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, Cedar Fork Township was a Neutral Market.
Key Takeaway
Cedar Fork Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Cedar Fork Township, NC cost?
Median Sold Price
$540,750
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
Key Takeaway
Homes in Cedar Fork Township have sold for 29.4% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | $218K | N/A |
| 2 Bedrooms | $275K | $350K | +27.3% |
| 3 Bedrooms | $379.5K | $470K | +23.8% |
| 4 Bedrooms | $535K | $700K | +30.8% |
| 5+ Bedrooms | $761K | $912.7K | +19.9% |
Median Sold Price Compared To Nearby Cities
| Morrisville | $390K | $541.5K | +38.8% |
| Cedar Fork Township | $418K | $540.7K | +29.4% |
| Cary | $469K | $558.6K | +19.1% |
| Cary Township | $411K | $480K | +16.8% |
| House Creek Township | $379K | $400.5K | +5.7% |
How many homes are available in Cedar Fork Township, NC?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 100 | 116 | +16.0% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 23 | +64.3% |
| 3 Bedrooms | 49 | 62 | +26.5% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 15 | 10 | -33.3% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 21 | 43 | +104.8% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cedar Fork Township, you may be able to get a good deal. 67.7% of homes here sold below asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 15 Days | 34 Days | +126.7% |
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cedar Fork Township are selling fast, if you're buying plan to act quickly.
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