$4,156 Closing Credit*
$350,000
1,350 SqFt
3 Beds
•2 Full Baths
Listing Office: Allen Tate Concord
Is Fallstown Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Fallstown Township has remained a Buyer's Market.
Key Takeaway
Fallstown Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fallstown Township, NC
How much do homes in Fallstown Township, NC cost?
Median Sold Price
$405,865
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,965(+2.5%)
Key Takeaway
Homes in Fallstown Township have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Fallstown Township was $405,865 in October 2024, up 2.5% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $329K | $245K | -25.5% |
| 3 Bedrooms | $357K | $376.9K | +5.6% |
| 4 Bedrooms | $498.7K | $463.7K | -7.0% |
| 5+ Bedrooms | $437.5K | $509K | +16.4% |
Summary: Fallstown 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 decreased by 25.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 16.4%.
Median Sold Price Compared To Nearby Cities
| Statesville Township | $269.5K | $299.9K | +11.3% |
| Troutman | $370.2K | $397.9K | +7.5% |
| Fallstown Township | $395.9K | $405.8K | +2.5% |
| Barringer Township | $360K | $367.2K | +2.0% |
Housing Supply in Fallstown Township, NC
How many homes are available in Fallstown Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 193 | 196 | +1.6% |
Summary: The Fallstown Township real estate market had 196 homes for sale in October 2024, a 1.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 94 | 85 | -9.6% |
| 4 Bedrooms | 69 | 78 | +13.0% |
| 5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Fallstown 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 increased by 50%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 27 | -15.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fallstown Township, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Fallstown Township in October 2024, down by 15.6% month-over-month. Of the 27 sold homes, 48% were sold under asking, 44% were sold at asking, and 7% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 68 Days | +134.1% |
Summary: Homes in Fallstown Township had an average of 68 days on market in Oct 2024, up by 134.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fallstown Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in Fallstown Township; 41% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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