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Fancy Gap Home Values and Market Report

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Report prepared by Mhomesgroup.com The M Homes Group
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Market at a glance

Over the last 12 months, homes sold for 97.9% of list price in 112 days on average.

Average price, last 12 months

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

List · $211K Sold · $202K
$410K$340K$270K$200K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Apr. Last month: 1.

Where the market stands

All homes in this report, by status.

11homes
Active5 · 45%
Under contract2 · 18%
Sold (12 mo)4 · 36%

Buyer's or seller's market?

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

10.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$485K
Under contract$4K
Sold$278K

Average days on market

Active118 days
Under contract1,182 days
Sold112 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 5
Average list price $484,960
Avg. days on market 118 days
Avg. price per ft² $372 Based on 3 of 5 homes
Avg. living area 1,630 ft² Based on 3 of 5 homes
Avg. beds / baths 2.3 / 2.3

Price vs. living area

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

2 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 3 homes plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

2 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 3 homes in this status.

2351 OLD APPALACHIAN TRL Trail$547
157 Double Bridges Drive$426
85 Chateau Lane$144

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
157 Double Bridges DriveFancy Gap, VA 24328 22960$409,900$4264 days
85 Chateau LaneFancy Gap, VA 24328 332,708$390,000$14426 days
2351 OLD APPALACHIAN TRL TrailFancy Gap, VA 24328 221,224$670,000$54768 days
96 Cascade TrailFancy Gap, VA 24328 ———$899,900—227 days
430 reflections point TrailFancy Gap, VA 24328 ———$55,000—264 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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“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The M Homes Group nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .