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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fruitville Township is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

Fruitville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fruitville Township, NC

How much do homes in Fruitville Township, NC cost?

Median Sold Price

$980,000

$433/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$451,000(+85.3%)

Key Takeaway

Homes in Fruitville Township have sold for 85.3% more than they did a month ago.

Summary: The median home sold price in Fruitville Township was $980,000 in April 2024, up 85.3% from last month, and the median price per square foot was $433.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $529K-
N/A
4 -$980K
N/A
5+ --
N/A

Summary: Fruitville Township housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fruitville Township
+85.3%
Corolla
+8.6%
Virginia Beach
-79.6%

Housing Supply in Fruitville Township, NC

How many homes are available in Fruitville Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
11110.0%

Summary: The Fruitville Township real estate market had 11 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 53
-40.0%
4 25
+150.0%
5+ 43
-25.0%

Summary: The Fruitville Township housing inventory by bedroom type for April 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 40%, 4 bedroom homes increased by 150%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fruitville Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Fruitville Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fruitville Township, NC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
14 Days38 Days+162.1%

Summary: Homes in Fruitville Township had an average of 38 days on market in Apr 2024, up by 162.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fruitville Township has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Fruitville Township; 0% of homes were sold within 30 days, 100% 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 22 Days Ago

Newest Listings in Fruitville Township, NC

Nearby Markets to Fruitville Township, NC

What housing markets are near Fruitville Township, NC?