Is Fentress Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Fentress Township was a Buyer's Market.
Housing Prices in Fentress Township, NC
How much do homes in Fentress Township, NC cost?
Median Sold Price
$335,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fentress Township was $335,000 in March 2024, up 8.1% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $199K | $168K | -15.6% |
3 Bedrooms | $286K | $293K | +2.5% |
4 Bedrooms | $349.9K | $399.5K | +14.2% |
5+ Bedrooms | $417K | $615K | +47.5% |
Summary: Fentress Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 47.5%.
Median Sold Price Compared To Nearby Cities
Pleasant Garden | $288K | $327.5K | +13.7% |
Gilmer Township | $190.6K | $214K | +12.3% |
Fentress Township | $310K | $335K | +8.1% |
Clay Township | $325K | $339K | +4.3% |
Housing Supply in Fentress Township, NC
How many homes are available in Fentress Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 28 | -9.7% |
Summary: The Fentress Township real estate market had 28 homes for sale in March 2024, a 9.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 20 | 19 | -5.0% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Fentress 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 remained the same, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 9 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Fentress Township in March 2024, down by 25.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 41 Days | +30.2% |
Summary: Homes in Fentress Township had an average of 41 days on market in Mar 2024, up by 30.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Fentress Township; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.