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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middle Fork I Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Middle Fork I Township was a Neutral Market.

Key Takeaway

Middle Fork I Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Middle Fork I Township, NC

How much do homes in Middle Fork I Township, NC cost?

Median Sold Price

$209,950

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,050(-2.3%)

Key Takeaway

Homes in Middle Fork I Township have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in Middle Fork I Township was $209,950 in November 2024, down 2.3% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $85K$99.5K
+17.1%
3 $215K$227.9K
+6.0%
4 --
N/A
5+ --
N/A

Summary: Middle Fork I 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 increased by 17.1%, 3 bedroom homes increased by 6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Salem Chapel Township
+10.9%
Winston Township
+2.6%
Middle Fork I Township
-2.3%
Middle Fork II Township
-8.3%
Walkertown
-11.3%

Housing Supply in Middle Fork I Township, NC

How many homes are available in Middle Fork I Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
550.0%

Summary: The Middle Fork I Township real estate market had 5 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Middle Fork I 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middle Fork I Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Middle Fork I Township in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Middle Fork I Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days18 Days+265.0%

Summary: Homes in Middle Fork I Township had an average of 18 days on market in Nov 2024, up by 265% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Middle Fork I Township; 75% of homes were sold within 30 days, 25% 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 17 Days Ago

Newest Listings in Middle Fork I Township, NC

Nearby Markets to Middle Fork I Township, NC

What housing markets are near Middle Fork I Township, NC?