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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Wilkesboro Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, North Wilkesboro Township has remained a Seller's Market.

Key Takeaway

North Wilkesboro Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Wilkesboro Township, NC

How much do homes in North Wilkesboro Township, NC cost?

Median Sold Price

$224,900

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$24,900(+12.4%)

Key Takeaway

Homes in North Wilkesboro Township have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in North Wilkesboro Township was $224,900 in May 2024, up 12.4% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $110K$154K
+40.0%
2 $162.5K$169.9K
+4.6%
3 $205.9K$231.4K
+12.4%
4 $293.5K$305K
+3.9%
5+ $347.5K$436.5K
+25.6%

Summary: North Wilkesboro Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 25.6%.

Median Sold Price Compared To Nearby Cities

North Wilkesboro Township
+12.4%
North Wilkesboro
+12.4%
Rock Creek Township
+10.7%
Wilkesboro
+7.2%
Wilkesboro Township
+4.4%

Housing Supply in North Wilkesboro Township, NC

How many homes are available in North Wilkesboro Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3938-2.6%

Summary: The North Wilkesboro Township real estate market had 38 homes for sale in May 2024, a 2.6% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 77
0.0%
3 2020
0.0%
4 66
0.0%
5+ 65
-16.7%

Summary: The North Wilkesboro Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
880.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Wilkesboro Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in North Wilkesboro Township in May 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for North Wilkesboro Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
8 Days40 Days+369.8%

Summary: Homes in North Wilkesboro Township had an average of 40 days on market in May 2024, up by 369.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Wilkesboro Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 8 homes were sold in North Wilkesboro Township; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in North Wilkesboro Township, NC

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