Is Furr 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, Furr Township has remained a Seller's Market.
Housing Prices in Furr Township, NC
How much do homes in Furr Township, NC cost?
Median Sold Price
$381,565
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Furr Township was $381,565 in April 2024, up 6% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $73K | -45.9% |
2 Bedrooms | $255.9K | $276K | +7.9% |
3 Bedrooms | $357.4K | $365K | +2.1% |
4 Bedrooms | $395K | $407.8K | +3.3% |
5+ Bedrooms | $470K | $407K | -13.4% |
Summary: Furr Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.9%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Cities
Furr Township | $360K | $381.5K | +6.0% |
Locust | $376K | $396K | +5.3% |
Stanfield | $375K | $379.9K | +1.3% |
Oakboro | $336K | $339K | +0.9% |
Housing Supply in Furr Township, NC
How many homes are available in Furr Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
72 | 81 | +12.5% |
Summary: The Furr Township real estate market had 81 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 39 | 42 | +7.7% |
4 Bedrooms | 19 | 26 | +36.8% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Furr Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Furr Township in April 2024, up by 6.3% month-over-month. Of the 17 sold homes, 59% were sold under asking, 41% were sold at asking, and 0% were sold over asking.
Days on Market for Furr Township, NC
How long does it take to sell a home in Furr Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 91 Days | +110.0% |
Summary: Homes in Furr Township had an average of 91 days on market in Apr 2024, up by 110% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Furr Township; 59% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.