$3,561 Closing Credit*
$299,900
1,050 SqFt
3 Beds
•2 Full Baths
Tana S Hoffman, Listing Office: Sager Real Estate
Is Fork, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Fork has remained a Seller's Market.
Key Takeaway
Fork is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fork, VA
How much do homes in Fork, VA cost?
Median Sold Price
$404,220
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,895(+8.0%)
Key Takeaway
Homes in Fork have sold for 8% more than they did a year ago.
Summary: The median home sold price in Fork was $404,220 in November 2024, up 8% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $554K | N/A |
| 2 Bedrooms | $264.4K | $243.5K | -7.9% |
| 3 Bedrooms | $362K | $375K | +3.6% |
| 4 Bedrooms | $441.8K | $456.1K | +3.3% |
| 5+ Bedrooms | $489.9K | $559.9K | +14.3% |
Summary: Fork housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 14.3%.
Median Sold Price Compared To Nearby Cities
| North River | $320K | $389K | +21.6% |
| Front Royal | $350K | $382K | +9.1% |
| Fork | $374.3K | $404.2K | +8.0% |
| South River | $349.9K | $366.2K | +4.7% |
Housing Supply in Fork, VA
How many homes are available in Fork, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 35 | -18.6% |
Summary: The Fork real estate market had 35 homes for sale in November 2024, a 18.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 13 | 8 | -38.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fork housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fork, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Fork in November 2024, down by 46.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for Fork, VA
How long does it take to sell a home in Fork, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 22 Days | -28.4% |
Summary: Homes in Fork had an average of 22 days on market in Nov 2024, down by 28.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fork are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Fork; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
