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Fairmont Home Values and Market Report

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Report prepared by Ftmrealty.com Frank & Tracy Murphy LLC
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Market at a glance

Over the last 12 months, homes sold for 89.8% of list price in 133 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $76K Sold · $69K
$270K$200K$130K$60K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 15 sales in Apr. Last month: 5.

Where the market stands

All homes in this report, by status.

240homes
Active139 · 58%
Under contract13 · 5%
Sold (12 mo)88 · 37%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

25.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$128K
Under contract$161K
Sold$122K

Average days on market

Active191 days
Under contract152 days
Sold133 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 139
Average list price $127,562
Avg. days on market 191 days
Avg. price per ft² Not enough data
Avg. living area Not enough data
Avg. beds / baths Not enough data

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

Not enough data to chart this.

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Not enough data to chart this.

Highest price per ft²

Top 7 homes in this status.

768 Bethesda Church Rd$191
4542 Hwy 904 Road$179
801 Pinewood Road$170
7266 Pleasant Hope Rd Road$166
1404 Redden Street$156
829 Mitchell Road$152
14740 Carolina 41$145

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
829 Mitchell RoadFairmont, NC 28340 322,094$320,000$1521 day
1404 Redden StreetFairmont, NC 28340 321,820$285,000$1569 days
4542 Hwy 904 RoadFairmont, NC 28340 321,000$179,000$17910 days
1058 Progressive Farm RoadFairmont, NC 28340 32980$60,000$6111 days
Tbd Harrington RdFairmont, NC 28340 ———$35,000—14 days
Tbd Chicken RdFairmont, NC 28340 ———$145,000—19 days
2398 Progressive Farm RdFairmont, NC 28340 321,980$263,000$13222 days
702 E Gertrude StreetFairmont, NC 28340 321,160$149,500$12830 days
2374 Jonesville RoadFairmont, NC 28340 321,736$59,900$3437 days
Marvin StreetFairmont, NC 28340 ———$12,000—38 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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