$2,791 Closing Credit*
$235,000
2,412 SqFt
3 Beds
•2 Full Baths
Ashley Doerr, Listing Office: Price Realtors-Randleman
Is Fentress Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Fentress Township has remained a Seller's Market.
Key Takeaway
Fentress Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fentress Township, NC
How much do homes in Fentress Township, NC cost?
Median Sold Price
$340,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$8,050(+2.4%)
Key Takeaway
Homes in Fentress Township have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Fentress Township was $340,000 in September 2024, up 2.4% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $227.5K | $186.7K | -17.9% |
| 3 Bedrooms | $275K | $329.5K | +19.8% |
| 4 Bedrooms | $404K | $423.5K | +4.8% |
| 5+ Bedrooms | $497.5K | $615K | +23.6% |
Summary: Fentress Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.9%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 23.6%.
Median Sold Price Compared To Nearby Cities
| Gilmer Township | $207.4K | $219.8K | +6.0% |
| Clay Township | $338.5K | $358K | +5.8% |
| Fentress Township | $331.9K | $340K | +2.4% |
| Sumner Township | $305K | $304.2K | -0.3% |
| Pleasant Garden | $326.5K | $310K | -5.1% |
Housing Supply in Fentress Township, NC
How many homes are available in Fentress Township, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 41 | 37 | -9.8% |
Summary: The Fentress Township real estate market had 37 homes for sale in September 2024, a 9.8% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 24 | 20 | -16.7% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Fentress Township housing inventory by bedroom type for September 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 16.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fentress Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Fentress Township in September 2024, down by 20.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Fentress Township, NC
How long does it take to sell a home in Fentress Township, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 47 Days | 32 Days | -31.1% |
Summary: Homes in Fentress Township had an average of 32 days on market in Sep 2024, down by 31.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fentress Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 8 homes were sold in Fentress Township; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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