The Fallon Park housing market is somewhat competitive. The median sale price of a home in Fallon Park was $958K last month, down 20.3% since last year.
What is the housing market like in Fallon Park today?
In March 2024, Fallon Park home prices were down 20.3% compared to last year, selling for a median price of $958K. On average, homes in Fallon Park sell after 26 days on the market compared to 32 days last year. There were 11 homes sold in March this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$957,500
-20.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Fallon Park, NC
$957,500
-20.3%
United States
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How hot is the Fallon Park housing market?
Fallon Park is somewhat competitive. Homes sell in 41.5 days.
0
100
49
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 42 days.
Hot homes
can sell for around list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Fallon Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Fallon Park.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Fallon Park has a moderate risk of flooding. 99 properties in Fallon Park are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Fallon Park. Flood risk is increasing slower than the national average.
41% of properties are at risk of wildfire over the next 30 years
Fire Factor
Fallon Park has a moderate risk of wildfire. There are 352 properties in Fallon Park that have some risk of being affected by wildfire over the next 30 years. This represents 41% of all properties in Fallon Park.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Fallon Park has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Fallon Park is most at risk from hurricanes. 843 properties in Fallon Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 86 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 97 mph.