Is Fork Township, 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, Fork Township was a Seller's Market.
Key Takeaway
Fork Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Fork Township, NC
How much do homes in Fork Township, NC cost?
Median Sold Price
$299,900
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fork Township have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Fork Township was $299,900 in April 2024, up 1.7% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72K | - | N/A |
| 2 Bedrooms | $139.9K | $272.5K | +94.8% |
| 3 Bedrooms | $280K | $292.9K | +4.6% |
| 4 Bedrooms | $332.9K | $429.9K | +29.1% |
| 5+ Bedrooms | $382.9K | - | N/A |
Summary: Fork 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 94.8%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 29.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Goldsboro Township | $235K | $247.6K | +5.3% |
| Goldsboro | $235.1K | $247.4K | +5.2% |
| Fork Township | $295K | $299.9K | +1.7% |
| Buck Swamp Township | $299.9K | $300K | 0.0% |
| Boon Hill Township | $307.9K | $300K | -2.6% |
Housing Supply in Fork Township, NC
How many homes are available in Fork Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 48 | +33.3% |
Summary: The Fork Township real estate market had 48 homes for sale in April 2024, a 33.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 30 | 40 | +33.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fork 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 increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fork Township, expect to pay close to the asking price. 85.7% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Fork Township in April 2024, down by 22.2% month-over-month. Of the 7 sold homes, 14% were sold under asking, 86% were sold at asking, and 0% were sold over asking.
Days on Market for Fork Township, NC
How long does it take to sell a home in Fork Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 57 Days | 37 Days | -34.4% |
Summary: Homes in Fork Township had an average of 37 days on market in Apr 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fork Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Fork Township; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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