Is Middle Fork II Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Middle Fork II Township has remained a Seller's Market.
Housing Prices in Middle Fork II Township, NC
How much do homes in Middle Fork II Township, NC cost?
Median Sold Price
$340,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Middle Fork II Township was $340,000 in May 2024, down 9.3% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $193K | $171.7K | -11.0% |
3 Bedrooms | $297.7K | $272.4K | -8.5% |
4 Bedrooms | $390K | $376K | -3.6% |
5+ Bedrooms | $384.5K | $386.7K | +0.6% |
Summary: Middle Fork II Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Cities
Kernersville Township | $324.7K | $339.3K | +4.5% |
Salem Chapel Township | $270K | $269.2K | -0.3% |
Walkertown | $305K | $301.5K | -1.1% |
Middle Fork II Township | $375K | $340K | -9.3% |
Housing Supply in Middle Fork II Township, NC
How many homes are available in Middle Fork II Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Summary: The Middle Fork II Township real estate market had 11 homes for sale in May 2024, a 83.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Middle Fork II Township housing inventory by bedroom type for May 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 25%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Middle Fork II Township in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Middle Fork II Township, NC
How long does it take to sell a home in Middle Fork II Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 31 Days | +14.0% |
Summary: Homes in Middle Fork II Township had an average of 31 days on market in May 2024, up by 14% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Middle Fork II Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.