Is Old Fort 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, Old Fort Township was a Seller's Market.
Housing Prices in Old Fort Township, NC
How much do homes in Old Fort Township, NC cost?
Median Sold Price
$312,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Old Fort Township was $312,000 in April 2024, up 15.6% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $290K | +45.0% |
2 Bedrooms | $265K | $295K | +11.3% |
3 Bedrooms | $270K | $312.5K | +15.7% |
4 Bedrooms | $279.5K | $110K | -60.6% |
5+ Bedrooms | - | $386.2K | N/A |
Summary: Old Fort Township 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 11.3%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 60.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Black Mountain Township | $452.9K | $525K | +15.9% |
Old Fort Township | $270K | $312K | +15.6% |
Old Fort | $282.5K | $314.5K | +11.3% |
Housing Supply in Old Fort Township, NC
How many homes are available in Old Fort Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 30 | +11.1% |
Summary: The Old Fort Township real estate market had 30 homes for sale in April 2024, a 11.1% 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 | 16 | 16 | 0.0% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Old Fort Township 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Old Fort Township in April 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Old Fort Township, NC
How long does it take to sell a home in Old Fort Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 62 Days | +65.7% |
Summary: Homes in Old Fort Township had an average of 62 days on market in Apr 2024, up by 65.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Old Fort Township; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.