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 April 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
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Fork Township was $299,500 in April 2024, down 3% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $214.5K | N/A |
3 Bedrooms | $275.5K | $277.5K | +0.7% |
4 Bedrooms | $350.8K | $338K | -3.7% |
5+ Bedrooms | $352K | $368K | +4.5% |
Summary: South 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 did not change, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
Clemmonsville Township | $380K | $405K | +6.6% |
Clemmons | $374.6K | $384.8K | +2.7% |
Winston Township | $259.9K | $265.5K | +2.1% |
Arcadia Township | $340K | $343.4K | +1.0% |
South Fork Township | $308.7K | $299.5K | -3.0% |
Housing Supply in South Fork Township, NC
How many homes are available in South Fork Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 18 | +38.5% |
Summary: The South Fork Township real estate market had 18 homes for sale in April 2024, a 38.5% 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 | 8 | 13 | +62.5% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The South 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 62.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in South Fork Township in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 30 Days | +1400.0% |
Summary: Homes in South Fork Township had an average of 30 days on market in Apr 2024, up by 1400% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in South Fork Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.