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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fruitville Township is a neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Fruitville 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 Fruitville Township, NC

How much do homes in Fruitville Township, NC cost?

Median Sold Price

$457,450

$238/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$37,450(+8.9%)

Key Takeaway

Homes in Fruitville Township have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Fruitville Township was $457,450 in December 2024, up 8.9% from last year, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $330K$100K
-69.7%
3 $378.9K$415K
+9.5%
4 $790K$515K
-34.8%
5+ $661.5K$955K
+44.4%

Summary: Fruitville Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 69.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 34.8%, and 5+ bedroom homes increased by 44.4%.

Housing Supply in Fruitville Township, NC

How many homes are available in Fruitville Township, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2220-9.1%

Summary: The Fruitville Township real estate market had 20 homes for sale in December 2024, a 9.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 53
-40.0%
4 109
-10.0%
5+ 56
+20.0%

Summary: The Fruitville Township housing inventory by bedroom type for December 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 40%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fruitville Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Fruitville Township in December 2024, down by 25.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Fruitville Township, NC

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

Average Sale Time

Dec 2023Dec 2024CHANGE
19 Days7 Days-63.2%

Summary: Homes in Fruitville Township had an average of 7 days on market in Dec 2024, down by 63.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fruitville Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Fruitville Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Fruitville Township, NC

Nearby Markets to Fruitville Township, NC

What housing markets are near Fruitville Township, NC?