$8,000,000
188.75 Acres
Land
Matthew Millaway, Listing Office: eXp Realty
Is Fentress Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Fentress Township has remained a Seller's Market.
Key Takeaway
Fentress Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fentress Township, NC
How much do homes in Fentress Township, NC cost?
Median Sold Price
$346,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,500(+7.0%)
Key Takeaway
Homes in Fentress Township have sold for 7% more than they did a year ago.
Summary: The median home sold price in Fentress Township was $346,000 in November 2024, up 7% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $168K | $210K | +25.0% |
| 3 Bedrooms | $290K | $330K | +13.8% |
| 4 Bedrooms | $402K | $434.9K | +8.2% |
| 5+ Bedrooms | $585K | $560K | -4.3% |
Summary: Fentress 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 25%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Clay Township | $338.7K | $379K | +11.9% |
| Gilmer Township | $209.2K | $228.1K | +9.1% |
| Fentress Township | $323.5K | $346K | +7.0% |
| Sumner Township | $305K | $309.5K | +1.5% |
| Pleasant Garden | $315.5K | $317.5K | +0.6% |
Housing Supply in Fentress Township, NC
How many homes are available in Fentress Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 40 | +8.1% |
Summary: The Fentress Township real estate market had 40 homes for sale in November 2024, a 8.1% increase 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 19 | 23 | +21.1% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Fentress 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 decreased by 33.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fentress Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Fentress Township in November 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Fentress Township, NC
How long does it take to sell a home in Fentress Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 18 Days | -29.4% |
Summary: Homes in Fentress Township had an average of 18 days on market in Nov 2024, down by 29.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fentress Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Fentress Township; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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