$159,900
8.82 Acres
Land
Brandon Rich, Listing Office: Mossy Oak Properties Land and Farm Realty
Is South Fork 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, South Fork Township was a Seller's Market.
Key Takeaway
South Fork Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Fork Township, NC
How much do homes in South Fork Township, NC cost?
Median Sold Price
$299,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$13,750(-4.4%)
Key Takeaway
Homes in South Fork Township have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in South Fork Township was $299,000 in October 2024, down 4.4% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $229.7K | N/A |
| 3 Bedrooms | $292.5K | $266.5K | -8.9% |
| 4 Bedrooms | $335K | $395K | +17.9% |
| 5+ Bedrooms | - | $368K | N/A |
Summary: South Fork 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 did not change, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Arcadia Township | $327.4K | $365K | +11.5% |
| Winston Township | $260.5K | $269.2K | +3.4% |
| Clemmons | $375.7K | $385.5K | +2.6% |
| Clemmonsville Township | $400K | $401K | 0.3% |
| South Fork Township | $312.7K | $299K | -4.4% |
Housing Supply in South Fork Township, NC
How many homes are available in South Fork Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Summary: The South Fork Township real estate market had 22 homes for sale in October 2024, a 22.2% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The South Fork 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 increased by 100%, 3 bedroom homes increased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Fork Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in South Fork Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for South Fork Township, NC
How long does it take to sell a home in South Fork Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 52 Days | +150.8% |
Summary: Homes in South Fork Township had an average of 52 days on market in Oct 2024, up by 150.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South Fork Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in South Fork Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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