$10,000 Closing Credit*
$890,000
3,763 SqFt
5 Beds
•4 Full Baths
James Hewlett, Listing Office: Leonard Ryden Burr Real Estate
Is South Fork, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, South Fork was a Seller's Market.
Key Takeaway
South Fork is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Fork, NC
How much do homes in South Fork, NC cost?
Median Sold Price
$261,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$6,500(+2.5%)
Key Takeaway
Homes in South Fork have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in South Fork was $261,500 in September 2024, up 2.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $125K | N/A |
| 2 Bedrooms | $150K | $150.5K | 0.3% |
| 3 Bedrooms | $260K | $280K | +7.7% |
| 4 Bedrooms | $465K | $444.4K | -4.4% |
| 5+ Bedrooms | $512.9K | - | N/A |
Summary: South Fork housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes did not change.
Housing Supply in South Fork, NC
How many homes are available in South Fork, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Summary: The South Fork real estate market had 23 homes for sale in September 2024, a 8.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The South Fork housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Fork, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in South Fork in September 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for South Fork, NC
How long does it take to sell a home in South Fork, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 19 Days | 30 Days | +59.6% |
Summary: Homes in South Fork had an average of 30 days on market in Sep 2024, up by 59.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Fork has remained consistent over time.
Summary: During September 2024, 3 homes were sold in South Fork; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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