Fallstown Township Housing Market Report February 2025•Iredell County, North Carolina

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Housing Prices in Fallstown Township, NC

How much do homes in Fallstown Township, NC cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Fallstown Township is a Buyer's Market

Difference Since February 2024

Since last year, Fallstown Township has remained a Buyer's Market.

Insight

Fallstown Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$404,918$185/SqFt
-$34,081
-7.8%

Based on all homes sold in the last 12 months

Insight

Homes in Fallstown Township have sold for 7.8% less than they did a year ago.

Summary: The median home sold price in Fallstown Township was $404,918 in February 2025, down 7.8% from last year, and the median price per square foot was $185.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Statesville Township
+5.6%
Troutman
+5.3%
Barringer Township
+1.8%
Fallstown Township
-7.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$329K$240K
-27.1%
3$369.8K$379K
+2.5%
4$482.5K$437K
-9.4%
5$521.1K$490K
-6.0%

Summary: Fallstown Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -27.1%. The home price for 3 bedroom homes increased by +2.5%. The home price for 4 bedroom homes decreased by -9.4%. The home price for 5 bedroom homes decreased by -6.0%.

How does Fallstown Township, NC compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Fallstown Township, NC

Housing supply in Fallstown Township, NC

How many homes are available in Fallstown Township, NC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
166Last MonthFeb 2025
1402 months agoJan 2025
+18.6 %
Change MoMJan – Feb

Summary: The Fallstown Township real estate market had 166 homes for sale in Feb 2025, a 18.6 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
22Last MonthFeb 2025
212 months agoJan 2025
+4.8 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
122
0.0%
233
0.0%
36178
+27.9%
46367
+6.3%
51116
+45.5%

Summary: Fallstown Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +27.9%. The inventory for 4 bedroom homes increased by +6.3%. The inventory for 5 bedroom homes increased by +45.5%.

Asking Price vs. Sold Price

How much do homes in Fallstown Township, NC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price14 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in Fallstown Township, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.

Summary: A total of 22 homes were sold or pending in Fallstown Township in February 2025, up by 4.8% month-over-month. Of the 22 sold homes, 23% were sold under asking, 64% were sold at asking, and and 14% were sold over asking.

Days on Market for Fallstown Township, NC

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

Breakdown of Home Sale Times

Under 30 Days7 Homes

30 – 90 Days8 Homes

Over 90 Days7 Homes

Insight

Avg time on Rocket Homes in Fallstown Township has remained consistent over time.

Summary: During February 2025, 22 homes were sold in Fallstown Township; 32% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
66 DaysThis YearFeb 2025
23 Days1 year agoFeb 2024
+183.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Fallstown Township had an average listing age of 66 days in Feb 2025, up by 183.0% compared to the previous year.

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Newest Listings in Fallstown Township, NC

What homes are available in Fallstown Township, NC?

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Based on information from Canopy MLS, and Triad MLS Inc for the period 03/01/2023 - 03/01/2025

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2025 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.