Is Old Fort, 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, Old Fort was a Seller's Market.
Housing Prices in Old Fort, NC
How much do homes in Old Fort, NC cost?
Median Sold Price
$314,500
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Old Fort was $314,500 in April 2024, up 11.3% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $290K | +45.0% |
2 Bedrooms | $295K | $304.5K | +3.2% |
3 Bedrooms | $275K | $315K | +14.5% |
4 Bedrooms | - | $110K | N/A |
5+ Bedrooms | - | $367.5K | N/A |
Summary: Old Fort housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 14.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Old Fort Township | $270K | $312K | +15.6% |
Old Fort | $282.5K | $314.5K | +11.3% |
Housing Supply in Old Fort, NC
How many homes are available in Old Fort, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 25 | +13.6% |
Summary: The Old Fort real estate market had 25 homes for sale in April 2024, a 13.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Old Fort housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Old Fort in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Old Fort, NC
How long does it take to sell a home in Old Fort, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 42 Days | -18.5% |
Summary: Homes in Old Fort had an average of 42 days on market in Apr 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Old Fort; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.