Is Walnut Creek, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Walnut Creek has remained a Seller's Market.
Housing Prices in Walnut Creek, NC
How much do homes in Walnut Creek, NC cost?
Median Sold Price
$403,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Walnut Creek was $403,000 in May 2024, up 7.6% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $335K | $434.5K | +29.7% |
4 Bedrooms | $410K | $393.5K | -4.0% |
5+ Bedrooms | $607.5K | $725K | +19.3% |
Summary: Walnut Creek housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 29.7%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 19.3%.
Median Sold Price Compared To Nearby Cities
Walnut Creek | $374.5K | $403K | +7.6% |
New Hope Township | $255K | $262.5K | +2.9% |
Housing Supply in Walnut Creek, NC
How many homes are available in Walnut Creek, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 20 | +11.1% |
Summary: The Walnut Creek real estate market had 20 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 0 | -100.0% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Walnut Creek 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 decreased by 100%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Walnut Creek in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Walnut Creek, NC
How long does it take to sell a home in Walnut Creek, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 118 Days | +146.9% |
Summary: Homes in Walnut Creek had an average of 118 days on market in May 2024, up by 146.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Walnut Creek; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.