Is Fairview, 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, Fairview has remained a Seller's Market.
Housing Prices in Fairview, NC
How much do homes in Fairview, NC cost?
Median Sold Price
$530,000
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fairview was $530,000 in April 2024, down 1.4% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $277.5K | +18.1% |
2 Bedrooms | $382.4K | $334K | -12.7% |
3 Bedrooms | $487.5K | $519.9K | +6.6% |
4 Bedrooms | $725K | $710K | -2.1% |
5+ Bedrooms | $952.5K | $1.2M | +28.6% |
Summary: Fairview housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.1%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 28.6%.
Median Sold Price Compared To Nearby Cities
Edneyville Township | $387K | $407.5K | +5.3% |
Fairview Township | $570K | $575K | +0.9% |
Fairview | $537.5K | $530K | -1.4% |
Broad River Township | $482.5K | $465K | -3.6% |
Housing Supply in Fairview, NC
How many homes are available in Fairview, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 51 | +6.3% |
Summary: The Fairview real estate market had 51 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 24 | 25 | +4.2% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Fairview housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 10 | -28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Fairview in April 2024, down by 28.6% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Fairview, NC
How long does it take to sell a home in Fairview, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 60 Days | +249.2% |
Summary: Homes in Fairview had an average of 60 days on market in Apr 2024, up by 249.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Fairview; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.