$3,977 Closing Credit*
$334,900
1,440 SqFt
3 Beds
•2 Full Baths
Stephanie Anson, Listing Office: Northside Realty Inc.
Is Forestville, 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, Forestville has remained a Seller's Market.
Key Takeaway
Forestville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Forestville, NC
How much do homes in Forestville, NC cost?
Median Sold Price
$381,500
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,525(+3.1%)
Key Takeaway
Homes in Forestville have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Forestville was $381,500 in November 2024, up 3.1% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $272.5K | $265K | -2.8% |
| 3 Bedrooms | $341.8K | $345K | +0.9% |
| 4 Bedrooms | $440K | $425K | -3.4% |
| 5+ Bedrooms | $520K | $510K | -1.9% |
Summary: Forestville 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 2.8%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 1.9%.
Housing Supply in Forestville, NC
How many homes are available in Forestville, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 124 | 116 | -6.5% |
Summary: The Forestville real estate market had 116 homes for sale in November 2024, a 6.5% 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 | 8 | 11 | +37.5% |
| 3 Bedrooms | 75 | 62 | -17.3% |
| 4 Bedrooms | 36 | 34 | -5.6% |
| 5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Forestville 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 increased by 37.5%, 3 bedroom homes decreased by 17.3%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 22 | -26.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Forestville, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Forestville in November 2024, down by 26.7% month-over-month. Of the 22 sold homes, 82% were sold under asking, 14% were sold at asking, and 5% were sold over asking.
Days on Market for Forestville, NC
How long does it take to sell a home in Forestville, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 64 Days | -2.3% |
Summary: Homes in Forestville had an average of 64 days on market in Nov 2024, down by 2.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Forestville has remained consistent over time.
Summary: During November 2024, 22 homes were sold in Forestville; 18% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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