Listing Office: Allen Tate/Beverly-Hanks Brevard-Downtown
Fairview Township Housing Market Report December 2024•Buncombe County, North Carolina
Housing Prices in Fairview Township, NC
How much do homes in Fairview Township, NC cost?
Housing Market Conditions
Is Fairview Township, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fairview Township is a Neutral Market
Difference Since December 2023
At the same time last year, Fairview Township was a Seller's Market.
Fairview Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Fairview Township have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Fairview Township was $600,000 in December 2024, up 6.1% from last year, and the median price per square foot was $302.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $340K | $475K | +39.7% |
22 Bedrooms | $350K | $395K | +12.9% |
33 Bedrooms | $507.5K | $540K | +6.4% |
44 Bedrooms | $870K | $837.5K | -3.7% |
55+ Bedrooms | $1.1M | $2.0M | +76.3% |
Summary: Fairview Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +39.7%. The home price for 2 bedroom homes increased by +12.9%. The home price for 3 bedroom homes increased by +6.4%. The home price for 4 bedroom homes decreased by -3.7%. The home price for 5 bedroom homes increased by +76.3%.
Housing supply in Fairview Township, NC
How many homes are available in Fairview Township, NC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
59Last MonthDec 2024 | ||
592 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The Fairview Township real estate market had 59 homes for sale in Dec 2024, the same as Nov 2024
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
9Last MonthDec 2024 | ||
72 months agoNov 2024 | +28.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 9 | 11 | +22.2% |
33 Bedrooms | 36 | 35 | -2.8% |
44 Bedrooms | 9 | 8 | -11.1% |
55+ Bedrooms | 5 | 5 | 0.0% |
Summary: Fairview Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +22.2%. The inventory for 3 bedroom homes decreased by -2.8%. The inventory for 4 bedroom homes decreased by -11.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Fairview Township, NC cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price8 Homes
If you're buying a home in Fairview Township, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Fairview Township in December 2024, up by 28.6% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and and 0% were sold over asking.
Days on Market for Fairview Township, NC
How long does it take to sell a home in Fairview Township, NC?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days2 Homes
Over 90 Days3 Homes
Many homes in Fairview Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 9 homes were sold in Fairview Township; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
56 DaysThis YearDec 2024 | ||
85 Days1 year agoDec 2023 | -34.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Fairview Township had an average listing age of 56 days in Dec 2024, down by 34.6% compared to the previous year.
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Newest Listings in Fairview Township, NC
What homes are available in Fairview Township, NC?
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.