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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairmont Township is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Fairmont Township has remained a Seller's Market.

Key Takeaway

Fairmont Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Fairmont Township, NC cost?

Median Sold Price

$140,000

$83/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

-$12,500(-8.2%)

Key Takeaway

Homes in Fairmont Township have sold for 8.2% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $58K-
N/A
2 $17.1K$62.7K
+267.0%
3 $140K$140K
0.0%
4 $174K$199.9K
+14.9%
5+ -$260K
N/A

How many homes are available in Fairmont Township, NC?

Number of Homes For Sale

May 2022Jun 2022%
65-16.7%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 00
0.0%
2 01
+100.0%
3 53
-40.0%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

May 2022Jun 2022%
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fairmont Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Jun 2021Jun 2022%
10 Days2 Days-81.0%

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 Fairmont Township are selling fast, if you're buying plan to act quickly.

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

New

707 E Gertrude St, Fairmont, NC 28340

707 E Gertrude St, Fairmont, NC 28340

$59,900
986 SqFt
2 Bedrooms
~$250/mo.*1 Full Bath
#100334508
Listing Office:
Century 21 The Real Estate CtrMLS logo
Iona Church Rd, Fairmont, NC 28340

Iona Church Rd, Fairmont, NC 28340

$95,000
30.77 Acres 
~$450/mo.*
#686434
Listing Office:
Coldwell Banker Premier Team RealtyMLS logo
Raynham Rd, Fairmont, NC 28340

Raynham Rd, Fairmont, NC 28340

$16,000
0.80 Acres 
~$50/mo.*
#LP685624
Listing Office:
1ST CHOICE REAL ESTATEMLS logo
1211 Mckeller Rd, Fairmont, NC 28340

1211 Mckeller Rd, Fairmont, NC 28340

$289,900
1,866 SqFt
3 Bedrooms
~$1,300/mo.*2 Full Baths
#100325921
Listing Office:
RE/MAX Southern ShoresMLS logo
3165 J Rd W, Fairmont, NC 28340

3165 J Rd W, Fairmont, NC 28340

$25,000
 
3 Bedrooms
~$100/mo.*1 Full Bath
#LP679795
Listing Office:
LEWIS REALTYMLS logo

Backup Offers

TBD S Main St, Fairmont, NC 28340

TBD S Main St, Fairmont, NC 28340

$89,500
11.46 Acres 
~$400/mo.*
#100246272
Listing Office:
NC Land and Farms, Inc.MLS logo

About Fairmont Township, NC

There are 5 homes are for sale in Fairmont Township, NC real estate market. The number of listings in Fairmont Township, NC decreased by 16.7% between May 2022 and June 2022. The median list price of listings available in June 2022 was $140,000, while the average time on the real estate market was 2 days. Listing prices have changed in this real estate market between May 2022 and June 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 267% more expensive, prices of 3 bedrooms properties stayed the same, 4 bedrooms properties became 14.9% more expensive, 5 bedrooms properties became 0% more expensive. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 100%, volume of 3 bedrooms homes went down by 40%, the quantity of 4 bedrooms homes have not changed, number of 5 bedrooms homes remained the same. In June 2022 more than 0 listings in Fairmont Township, NC were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below.

MLS Disclaimers and Copyright

Based on information from North Carolina Regional MLS, Triangle MLS, and Longleaf Pine REALTORS® for the period 07/01/2020 - 07/01/2022

IDX Copyright 2022 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2022, 10:20:43 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Copyright © 2022 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2022, 10:25:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2022 Longleaf Pine REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2022, 10:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.