$8,182 Closing Credit*
$689,000
1,296 SqFt
3 Beds
•2 Full Baths
Listing Office: Real Broker, LLC
Is Old Fort 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, Old Fort Township was a Seller's Market.
Key Takeaway
Old Fort Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Old Fort Township, NC
How much do homes in Old Fort Township, NC cost?
Median Sold Price
$299,750
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,250(+5.0%)
Key Takeaway
Homes in Old Fort Township have sold for 5% more than they did a year ago.
Summary: The median home sold price in Old Fort Township was $299,750 in October 2024, up 5% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252.5K | $206.2K | -18.3% |
| 2 Bedrooms | $260K | $258K | -0.8% |
| 3 Bedrooms | $289.2K | $317K | +9.6% |
| 4 Bedrooms | $110K | $477.5K | +334.1% |
| 5+ Bedrooms | $605K | $360K | -40.5% |
Summary: Old Fort Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.3%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 334.1%, and 5+ bedroom homes decreased by 40.5%.
Median Sold Price Compared To Nearby Cities
| Old Fort Township | $285.5K | $299.7K | +5.0% |
| Black Mountain Township | $510K | $527.5K | +3.4% |
| Old Fort | $300K | $305K | +1.7% |
Housing Supply in Old Fort Township, NC
How many homes are available in Old Fort Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 35 | 0.0% |
Summary: The Old Fort Township real estate market had 35 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Old Fort Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Old Fort Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Old Fort Township in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Old Fort Township, NC
How long does it take to sell a home in Old Fort Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 27 Days | +16.2% |
Summary: Homes in Old Fort Township had an average of 27 days on market in Oct 2024, up by 16.2% 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
Key Takeaway
Many homes in Old Fort Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Old Fort 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.
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