$2,731 Closing Credit*
$229,990
1,418 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100475401, Listing Office: D.R. Horton, Inc.
Is Falkland Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Falkland Township was a Seller's Market.
Key Takeaway
Falkland Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Falkland Township, NC
How much do homes in Falkland Township, NC cost?
Median Sold Price
$321,240
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$129,760(-28.8%)
Key Takeaway
Homes in Falkland Township have sold for 28.8% less than they did a year ago.
Summary: The median home sold price in Falkland Township was $321,240 in October 2024, down 28.8% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115K | $159K | +38.3% |
| 3 Bedrooms | $307.9K | $263K | -14.6% |
| 4 Bedrooms | $750K | $552.7K | -26.3% |
| 5+ Bedrooms | $585K | $335.2K | -42.7% |
Summary: Falkland Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.3%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes decreased by 42.7%.
Median Sold Price Compared To Nearby Cities
| Belvoir Township | $177.4K | $244K | +37.5% |
| Arthur Township | $240K | $245K | +2.1% |
| Falkland Township | $451K | $321.2K | -28.8% |
Housing Supply in Falkland Township, NC
How many homes are available in Falkland Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The Falkland Township real estate market had 26 homes for sale in October 2024, a 7.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Falkland Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Falkland Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Falkland Township in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Falkland Township, NC
How long does it take to sell a home in Falkland Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 87 Days | +99.2% |
Summary: Homes in Falkland Township had an average of 87 days on market in Oct 2024, up by 99.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Falkland Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Falkland Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
