Is Fletcher, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fletcher is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Fletcher has remained a Seller's Market.

Key Takeaway

Fletcher is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fletcher, NC

How much do homes in Fletcher, NC cost?

Median Sold Price

$450,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$50,000(+12.5%)

Key Takeaway

Homes in Fletcher have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Fletcher was $450,000 in May 2024, up 12.5% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $197.5K$305.2K
+54.6%
2 $276.5K$330K
+19.3%
3 $397K$420K
+5.8%
4 $530K$560K
+5.7%
5+ $595K$1.1M
+84.9%

Summary: Fletcher housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.6%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 84.9%.

Median Sold Price Compared To Nearby Cities

Mills River
+14.4%
Fletcher
+12.5%
Hoopers Creek Township
+8.8%
Arden
-2.9%
Limestone Township
-5.9%

Housing Supply in Fletcher, NC

How many homes are available in Fletcher, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
149158+6.0%

Summary: The Fletcher real estate market had 158 homes for sale in May 2024, a 6.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 1416
+14.3%
3 8080
0.0%
4 4551
+13.3%
5+ 910
+11.1%

Summary: The Fletcher 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 increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1843+138.9%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fletcher, you may be able to get a good deal. 51.2% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Fletcher in May 2024, up by 138.9% month-over-month. Of the 43 sold homes, 51% were sold under asking, 26% were sold at asking, and 23% were sold over asking.

Days on Market for Fletcher, NC

How long does it take to sell a home in Fletcher, NC?

Average Sale Time

May 2023May 2024CHANGE
14 Days30 Days+116.9%

Summary: Homes in Fletcher had an average of 30 days on market in May 2024, up by 116.9% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fletcher are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 43 homes were sold in Fletcher; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Fletcher, NC

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