$1,746 Closing Credit*
$147,000
1,066 SqFt
2 Beds
•2 Full Baths, 1 Partial
#100480194, Listing Office: Berkshire Hathaway HomeServices Prime Properties
Is Falkland Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Falkland Township was a Seller's Market.
Key Takeaway
Falkland Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Falkland Township, NC
How much do homes in Falkland Township, NC cost?
Median Sold Price
$319,140
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$118,310(-27.0%)
Key Takeaway
Homes in Falkland Township have sold for 27% less than they did a year ago.
Summary: The median home sold price in Falkland Township was $319,140 in November 2024, down 27% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115K | $159K | +38.3% |
| 3 Bedrooms | $291K | $268K | -7.9% |
| 4 Bedrooms | $635K | $525.5K | -17.2% |
| 5+ Bedrooms | $585K | $334.7K | -42.8% |
Summary: Falkland Township housing prices by bedroom type for November 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 7.9%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes decreased by 42.8%.
Median Sold Price Compared To Nearby Cities
| Belvoir Township | $194.5K | $244.5K | +25.7% |
| Arthur Township | $240K | $246.4K | +2.7% |
| Falkland Township | $437.4K | $319.1K | -27.0% |
Housing Supply in Falkland Township, NC
How many homes are available in Falkland Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Summary: The Falkland Township real estate market had 24 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Falkland Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Falkland Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Falkland Township in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 194 Days | +1473.0% |
Summary: Homes in Falkland Township had an average of 194 days on market in Nov 2024, up by 1473% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 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 November 2024, 4 homes were sold in Falkland Township; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
