Is Fletcher, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Fletcher was a Seller's Market.
Key Takeaway
Fletcher is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fletcher, NC
How much do homes in Fletcher, NC cost?
Median Sold Price
$438,500
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fletcher have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Fletcher was $438,500 in April 2024, up 9.6% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $305K | +64.9% |
| 2 Bedrooms | $284.7K | $320K | +12.4% |
| 3 Bedrooms | $400.5K | $414.5K | +3.5% |
| 4 Bedrooms | $560K | $550K | -1.8% |
| 5+ Bedrooms | $603.2K | $895K | +48.4% |
Summary: Fletcher housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.9%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 48.4%.
Median Sold Price Compared To Nearby Cities
| Fletcher | $400K | $438.5K | +9.6% |
| Mills River | $550K | $599K | +8.9% |
| Hoopers Creek Township | $392K | $418K | +6.6% |
| Arden | $475K | $449.6K | -5.3% |
| Limestone Township | $500K | $449K | -10.2% |
Housing Supply in Fletcher, NC
How many homes are available in Fletcher, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 112 | 142 | +26.8% |
Summary: The Fletcher real estate market had 142 homes for sale in April 2024, a 26.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 14 | +40.0% |
| 3 Bedrooms | 58 | 76 | +31.0% |
| 4 Bedrooms | 36 | 42 | +16.7% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Fletcher 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 31%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 14 | -39.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fletcher, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Fletcher in April 2024, down by 39.1% month-over-month. Of the 14 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% were sold over asking.
Days on Market for Fletcher, NC
How long does it take to sell a home in Fletcher, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 28 Days | +30.5% |
Summary: Homes in Fletcher had an average of 28 days on market in Apr 2024, up by 30.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fletcher are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Fletcher; 79% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.