Is Wilkesboro, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Wilkesboro was a Seller's Market.
Housing Prices in Wilkesboro, NC
How much do homes in Wilkesboro, NC cost?
Median Sold Price
$311,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wilkesboro was $311,000 in May 2024, up 7.2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $208.5K | N/A |
2 Bedrooms | $184.3K | $228K | +23.7% |
3 Bedrooms | $287.4K | $300K | +4.4% |
4 Bedrooms | $440K | $485K | +10.2% |
5+ Bedrooms | $376.5K | $795K | +111.2% |
Summary: Wilkesboro 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 increased by 23.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 111.2%.
Median Sold Price Compared To Nearby Cities
North Wilkesboro | $200K | $224.9K | +12.4% |
North Wilkesboro Township | $200K | $224.9K | +12.4% |
Reddies River Township | $242K | $266K | +9.9% |
Wilkesboro | $290K | $311K | +7.2% |
Wilkesboro Township | $294.9K | $308K | +4.4% |
Housing Supply in Wilkesboro, NC
How many homes are available in Wilkesboro, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 50 | +11.1% |
Summary: The Wilkesboro real estate market had 50 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 | 1 | 2 | +100.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 21 | 22 | +4.8% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Wilkesboro housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 8 | +300.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Wilkesboro in May 2024, up by 300.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Wilkesboro, NC
How long does it take to sell a home in Wilkesboro, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 47 Days | -15.4% |
Summary: Homes in Wilkesboro had an average of 47 days on market in May 2024, down by 15.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Wilkesboro; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.