$4,214 Closing Credit*
$354,900
2,364 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ty Cannon, Listing Office: Berkshire Hathaway HomeServices Carolinas Realty
Is Middle Fork II Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Middle Fork II Township was a Buyer's Market.
Key Takeaway
Middle Fork II Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middle Fork II Township, NC
How much do homes in Middle Fork II Township, NC cost?
Median Sold Price
$345,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$26,610(-7.2%)
Key Takeaway
Homes in Middle Fork II Township have sold for 7.2% less than they did a year ago.
Summary: The median home sold price in Middle Fork II Township was $345,000 in October 2024, down 7.2% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $230K | +21.1% |
| 3 Bedrooms | $307.5K | $256.8K | -16.5% |
| 4 Bedrooms | $384.8K | $362.5K | -5.8% |
| 5+ Bedrooms | $384.5K | $405K | +5.3% |
Summary: Middle Fork II 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 21.1%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
| Salem Chapel Township | $250K | $280K | +12.0% |
| Kernersville Township | $328K | $330.8K | +0.9% |
| Walkertown | $316.5K | $295K | -6.8% |
| Middle Fork II Township | $371.6K | $345K | -7.2% |
Housing Supply in Middle Fork II Township, NC
How many homes are available in Middle Fork II Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Middle Fork II Township real estate market had 20 homes for sale in October 2024, a 5.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Middle Fork II 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 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Middle Fork II Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Middle Fork II Township in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Middle Fork II Township, NC
How long does it take to sell a home in Middle Fork II Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 220 Days | 55 Days | -74.8% |
Summary: Homes in Middle Fork II Township had an average of 55 days on market in Oct 2024, down by 74.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middle Fork II Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Middle Fork II Township; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
