Is South Fork Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, South Fork Township has remained a Seller's Market.
Housing Prices in South Fork Township, NC
How much do homes in South Fork Township, NC cost?
Median Sold Price
$299,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in South Fork Township was $299,500 in March 2024, down 1% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $214.5K | N/A |
3 Bedrooms | $259K | $285K | +10.0% |
4 Bedrooms | $350.8K | $335K | -4.5% |
5+ Bedrooms | $352K | $299K | -15.1% |
Summary: South Fork Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 15.1%.
Median Sold Price Compared To Nearby Cities
Clemmonsville Township | $380K | $398.5K | +4.9% |
Arcadia Township | $325K | $338K | +4.0% |
Winston Township | $256.2K | $265.4K | +3.6% |
Clemmons | $375K | $380K | +1.3% |
South Fork Township | $302.5K | $299.5K | -1.0% |
Housing Supply in South Fork Township, NC
How many homes are available in South Fork Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Summary: The South Fork Township real estate market had 10 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Fork Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in South Fork Township in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for South Fork Township, NC
How long does it take to sell a home in South Fork Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 58 Days | +231.4% |
Summary: Homes in South Fork Township had an average of 58 days on market in Mar 2024, up by 231.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in South Fork Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.