Is Stony Fork Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stony Fork Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Stony Fork Township has remained a Seller's Market.

Key Takeaway

Stony Fork Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Stony Fork Township, NC

How much do homes in Stony Fork Township, NC cost?

Median Sold Price

$450,000

$308/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$115,000(-20.4%)

Key Takeaway

Homes in Stony Fork Township have sold for 20.4% less than they did a month ago.

Summary: The median home sold price in Stony Fork Township was $450,000 in May 2024, down 20.4% from last month, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $565K-
N/A
3 -$450K
N/A
4 --
N/A
5+ --
N/A

Summary: Stony Fork Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Elk Township
+185.7%
Fleetwood
-19.6%
Stony Fork Township
-20.4%

Housing Supply in Stony Fork Township, NC

How many homes are available in Stony Fork Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
74-42.9%

Summary: The Stony Fork Township real estate market had 4 homes for sale in May 2024, a 42.9% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 41
-75.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Stony Fork 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 decreased by 75%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stony Fork Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Stony Fork Township in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Stony Fork Township, NC

How long does it take to sell a home in Stony Fork Township, NC?

Average Sale Time

Apr 2024May 2024CHANGE
46 Days108 Days+134.2%

Summary: Homes in Stony Fork Township had an average of 108 days on market in May 2024, up by 134.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Stony Fork Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 2 homes were sold in Stony Fork Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Stony Fork Township, NC

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