Is Middle Fork I 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, Middle Fork I Township was a Seller's Market.
Key Takeaway
Middle Fork I Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Middle Fork I Township, NC
How much do homes in Middle Fork I Township, NC cost?
Median Sold Price
$205,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Middle Fork I Township have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Middle Fork I Township was $205,000 in March 2024, up 2.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $85K | $162.9K | +91.6% |
| 3 Bedrooms | $204.9K | $210K | +2.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Middle Fork I 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 increased by 91.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Salem Chapel Township | $260K | $275K | +5.8% |
| Winston Township | $256.2K | $265.4K | +3.6% |
| Middle Fork I Township | $199.9K | $205K | +2.6% |
| Walkertown | $294.2K | $298K | +1.3% |
| Middle Fork II Township | $340.1K | $340K | 0% |
Housing Supply in Middle Fork I Township, NC
How many homes are available in Middle Fork I Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Summary: The Middle Fork I Township real estate market had 9 homes for sale in March 2024, a 80.0% increase 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 2 | 7 | +250.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Middle Fork I 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 decreased by 33.3%, 3 bedroom homes increased by 250%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Middle Fork I Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Middle Fork I Township in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Middle Fork I Township, NC
How long does it take to sell a home in Middle Fork I Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 6 Days | 1 Day | -83.3% |
Summary: Homes in Middle Fork I Township had an average of 1 days on market in Mar 2024, down by 83.3% compared to last year.
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
Key Takeaway
Many homes in Middle Fork I Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Middle Fork I 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.
