Is Fork Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fork Township is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Fork Township has remained a Neutral Market.

Key Takeaway

Fork 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 Fork Township, NC

How much do homes in Fork Township, NC cost?

Median Sold Price

$319,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,050(+8.2%)

Key Takeaway

Homes in Fork Township have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Fork Township was $319,000 in October 2024, up 8.2% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $72K-
N/A
2 $139.9K$285K
+103.7%
3 $283K$308K
+8.8%
4 $345.2K$429.9K
+24.5%
5+ $399.5K$365K
-8.6%

Summary: Fork 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 increased by 103.7%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes decreased by 8.6%.

Median Sold Price Compared To Nearby Cities

Fork Township
+8.2%
Boon Hill Township
+6.9%
Goldsboro Township
+5.1%
Goldsboro
+5.1%
Buck Swamp Township
-0.3%

Housing Supply in Fork Township, NC

How many homes are available in Fork Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5759+3.5%

Summary: The Fork Township real estate market had 59 homes for sale in October 2024, a 3.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 5053
+6.0%
4 65
-16.7%
5+ 00
0.0%

Summary: The Fork 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 remained the same, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fork Township, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Fork Township in October 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 56% were sold at asking, and 0% were sold over asking.

Days on Market for Fork Township, NC

How long does it take to sell a home in Fork Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days135 Days+104.9%

Summary: Homes in Fork Township had an average of 135 days on market in Oct 2024, up by 104.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Fork Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 9 homes were sold in Fork Township; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Fork Township, NC

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What housing markets are near Fork Township, NC?