Is Fallstown Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fallstown Township has remained a Seller's Market.
Housing Prices in Fallstown Township, NC
How much do homes in Fallstown Township, NC cost?
Median Sold Price
$422,666
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fallstown Township was $422,666 in May 2024, down 1.7% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $155K | $299.5K | +93.2% |
3 Bedrooms | $342.9K | $365.5K | +6.6% |
4 Bedrooms | $460.7K | $507.9K | +10.3% |
5+ Bedrooms | $454K | $521.1K | +14.8% |
Summary: Fallstown Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 93.2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 14.8%.
Median Sold Price Compared To Nearby Cities
Statesville Township | $257.1K | $295.6K | +15.0% |
Barringer Township | $361.4K | $359.3K | -0.6% |
Fallstown Township | $429.8K | $422.6K | -1.7% |
Troutman | $402.5K | $383K | -4.8% |
Housing Supply in Fallstown Township, NC
How many homes are available in Fallstown Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
153 | 163 | +6.5% |
Summary: The Fallstown Township real estate market had 163 homes for sale in May 2024, a 6.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 3 | -57.1% |
3 Bedrooms | 70 | 85 | +21.4% |
4 Bedrooms | 55 | 56 | +1.8% |
5+ Bedrooms | 21 | 19 | -9.5% |
Summary: The Fallstown Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 57.1%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 9.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 34 | +30.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Fallstown Township in May 2024, up by 30.8% month-over-month. Of the 34 sold homes, 44% were sold under asking, 38% were sold at asking, and 18% were sold over asking.
Days on Market for Fallstown Township, NC
How long does it take to sell a home in Fallstown Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
59 Days | 56 Days | -5.0% |
Summary: Homes in Fallstown Township had an average of 56 days on market in May 2024, down by 5% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 34 homes were sold in Fallstown Township; 56% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.