Is Fallstown Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fallstown Township has remained a Seller's Market.
Housing Prices in Fallstown Township, NC
How much do homes in Fallstown Township, NC cost?
Median Sold Price
$430,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fallstown Township was $430,000 in April 2024, down 0.6% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $155K | $299.5K | +93.2% |
3 Bedrooms | $342.9K | $365.5K | +6.6% |
4 Bedrooms | $462.4K | $507.5K | +9.7% |
5+ Bedrooms | $455K | $496.2K | +9.1% |
Summary: Fallstown Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 93.2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 9.1%.
Median Sold Price Compared To Nearby Cities
Statesville Township | $256.3K | $290K | +13.2% |
Barringer Township | $347.4K | $359.3K | +3.4% |
Fallstown Township | $432.5K | $430K | -0.6% |
Troutman | $405.4K | $374.9K | -7.5% |
Housing Supply in Fallstown Township, NC
How many homes are available in Fallstown Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
121 | 126 | +4.1% |
Summary: The Fallstown Township real estate market had 126 homes for sale in April 2024, a 4.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 52 | 59 | +13.5% |
4 Bedrooms | 44 | 41 | -6.8% |
5+ Bedrooms | 20 | 19 | -5.0% |
Summary: The Fallstown 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 increased by 40%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Fallstown Township in April 2024, up by 15.0% month-over-month. Of the 23 sold homes, 57% were sold under asking, 26% were sold at asking, and 17% were sold over asking.
Days on Market for Fallstown Township, NC
How long does it take to sell a home in Fallstown Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 55 Days | +23.2% |
Summary: Homes in Fallstown Township had an average of 55 days on market in Apr 2024, up by 23.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Fallstown Township; 48% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.