Is Fairview Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Fairview Township has remained a Seller's Market.
Housing Prices in Fairview Township, NC
How much do homes in Fairview Township, NC cost?
Median Sold Price
$583,500
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fairview Township was $583,500 in March 2024, up 6.1% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $595K | $277.5K | -53.4% |
2 Bedrooms | $383.2K | $333.5K | -13.0% |
3 Bedrooms | $460K | $520K | +13.0% |
4 Bedrooms | $765K | $812.5K | +6.2% |
5+ Bedrooms | $1.1M | $1.1M | +6.5% |
Summary: Fairview Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.4%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
Fairview Township | $550K | $583.5K | +6.1% |
Broad River Township | $475K | $475K | 0.0% |
Fairview | $529K | $526K | -0.6% |
Swannanoa | $386.2K | $380K | -1.6% |
Housing Supply in Fairview Township, NC
How many homes are available in Fairview Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 61 | +24.5% |
Summary: The Fairview Township real estate market had 61 homes for sale in March 2024, a 24.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 25 | 29 | +16.0% |
4 Bedrooms | 18 | 22 | +22.2% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Fairview Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 14 | +16.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Fairview Township in March 2024, up by 16.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.
Days on Market for Fairview Township, NC
How long does it take to sell a home in Fairview Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 63 Days | +21.1% |
Summary: Homes in Fairview Township had an average of 63 days on market in Mar 2024, up by 21.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in Fairview Township; 50% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.