Is Old Fort, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Old Fort is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Old Fort has remained a Buyer's Market.

Key Takeaway

Old Fort is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Old Fort, NC

How much do homes in Old Fort, NC cost?

Median Sold Price

$419,500

$194/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$194,000(+86.0%)

Key Takeaway

Homes in Old Fort have sold for 86% more than they did a month ago.

Summary: The median home sold price in Old Fort was $419,500 in December 2024, up 86% from last month, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $170K-
N/A
3 $281K$419.5K
+49.3%
4 --
N/A
5+ --
N/A

Summary: Old Fort housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 49.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Old Fort, NC

How many homes are available in Old Fort, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2728+3.7%

Summary: The Old Fort real estate market had 28 homes for sale in December 2024, a 3.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 1617
+6.3%
4 67
+16.7%
5+ 00
0.0%

Summary: The Old Fort 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 decreased by 25%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Old Fort, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Old Fort in December 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Old Fort, NC

How long does it take to sell a home in Old Fort, NC?

Average Sale Time

Nov 2024Dec 2024CHANGE
59 Days89 Days+49.6%

Summary: Homes in Old Fort had an average of 89 days on market in Dec 2024, up by 49.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 2 homes were sold in Old Fort; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Old Fort, NC

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