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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fountain Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Fountain Township was a Seller's Market.

Key Takeaway

Fountain Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Fountain Township, NC

How much do homes in Fountain Township, NC cost?

Median Sold Price

$268,000

$180/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$73,000(+37.4%)

Key Takeaway

Homes in Fountain Township have sold for 37.4% more than they did a month ago.

Summary: The median home sold price in Fountain Township was $268,000 in March 2024, up 37.4% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $195K$268K
+37.4%
4 --
N/A
5+ --
N/A

Summary: Fountain Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 37.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fountain Township
+37.4%
Fountain
+37.4%

Housing Supply in Fountain Township, NC

How many homes are available in Fountain Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
56+20.0%

Summary: The Fountain Township real estate market had 6 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 56
+20.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Fountain 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 increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

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 Fountain Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Fountain Township in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Fountain Township, NC

How long does it take to sell a home in Fountain Township, NC?

Average Sale Time

Feb 2024Mar 2024CHANGE
80 Days13 Days-83.8%

Summary: Homes in Fountain Township had an average of 13 days on market in Mar 2024, down by 83.8% compared to last month.

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

Summary: During March 2024, 1 homes were sold in Fountain Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 26 Days Ago

Newest Listings in Fountain Township, NC

Nearby Markets to Fountain Township, NC