$1,544 Closing Credit*
$130,000
576 SqFt
2 Beds
•1 Full Bath
Zelma H. Holyfield, Listing Office: Triad First Realty, Inc
Is Franklinville 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, Franklinville Township has remained a Seller's Market.
Key Takeaway
Franklinville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Franklinville Township, NC
How much do homes in Franklinville Township, NC cost?
Median Sold Price
$275,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,000(+14.6%)
Key Takeaway
Homes in Franklinville Township have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Franklinville Township was $275,000 in November 2024, up 14.6% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $128K | - | N/A |
| 2 Bedrooms | $193.2K | $175K | -9.4% |
| 3 Bedrooms | $251.5K | $278.5K | +10.7% |
| 4 Bedrooms | $221.4K | $300K | +35.4% |
| 5+ Bedrooms | $192.5K | $400K | +107.8% |
Summary: Franklinville 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 9.4%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 35.4%, and 5+ bedroom homes increased by 107.8%.
Median Sold Price Compared To Nearby Cities
| Franklinville Township | $240K | $275K | +14.6% |
| Randleman Township | $255.7K | $266K | +4.0% |
| Asheboro Township | $245K | $250K | +2.0% |
Housing Supply in Franklinville Township, NC
How many homes are available in Franklinville Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The Franklinville Township real estate market had 21 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Franklinville Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Franklinville Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Franklinville Township in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Franklinville Township, NC
How long does it take to sell a home in Franklinville Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 40 Days | +45.3% |
Summary: Homes in Franklinville Township had an average of 40 days on market in Nov 2024, up by 45.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Franklinville Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Franklinville Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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