$8,313 Closing Credit*
$700,000
4,400 SqFt
4 Beds
•3 Full Baths, 1 Partial
Heidi Grable, Listing Office: Berkshire Hathaway HomeService
Is Flat River 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, Flat River Township has remained a Seller's Market.
Key Takeaway
Flat River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Flat River Township, NC
How much do homes in Flat River Township, NC cost?
Median Sold Price
$339,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$31,000(-8.4%)
Key Takeaway
Homes in Flat River Township have sold for 8.4% less than they did a year ago.
Summary: The median home sold price in Flat River Township was $339,000 in November 2024, down 8.4% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $380K | $282.5K | -25.7% |
| 3 Bedrooms | $363.7K | $350K | -3.8% |
| 4 Bedrooms | $440.2K | $322.9K | -26.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Flat River 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 decreased by 25.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 26.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Timberlake | $375K | $399K | +6.4% |
| Rougemont | $368.5K | $372K | +0.9% |
| Flat River Township | $370K | $339K | -8.4% |
Housing Supply in Flat River Township, NC
How many homes are available in Flat River Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Summary: The Flat River Township real estate market had 15 homes for sale in November 2024, a 21.1% 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 | 17 | 13 | -23.5% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Flat River 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 decreased by 23.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Flat River Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Flat River Township in November 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Flat River Township, NC
How long does it take to sell a home in Flat River Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 64 Days | +28.5% |
Summary: Homes in Flat River Township had an average of 64 days on market in Nov 2024, up by 28.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Flat River Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Flat River Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.