Is Fentress 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, Fentress Township has remained a Seller's Market.
Housing Prices in Fentress Township, NC
How much do homes in Fentress Township, NC cost?
Median Sold Price
$332,500
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fentress Township was $332,500 in April 2024, up 9% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $199K | $168K | -15.6% |
3 Bedrooms | $282.2K | $297.5K | +5.4% |
4 Bedrooms | $360K | $399K | +10.8% |
5+ Bedrooms | $417K | $615K | +47.5% |
Summary: Fentress 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 decreased by 15.6%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 47.5%.
Median Sold Price Compared To Nearby Cities
Fentress Township | $305K | $332.5K | +9.0% |
Gilmer Township | $200K | $212.5K | +6.3% |
Pleasant Garden | $305K | $323.5K | +6.1% |
Clay Township | $330K | $347.5K | +5.3% |
Housing Supply in Fentress Township, NC
How many homes are available in Fentress Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 32 | +6.7% |
Summary: The Fentress Township real estate market had 32 homes for sale in April 2024, a 6.7% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Fentress 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 100%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Fentress Township in April 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 15 Days | -77.4% |
Summary: Homes in Fentress Township had an average of 15 days on market in Apr 2024, down by 77.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Fentress Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.