Is Willard, 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, Willard has remained a Seller's Market.
Key Takeaway
Willard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willard, NC
How much do homes in Willard, NC cost?
Median Sold Price
$265,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Willard have sold for 20.5% more than they did a year ago.
Summary: The median home sold price in Willard was $265,000 in May 2024, up 20.5% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $332.5K | N/A |
| 2 Bedrooms | $200K | $282.4K | +41.2% |
| 3 Bedrooms | $225K | $225K | 0.0% |
| 4 Bedrooms | $438.7K | $1.0M | +127.9% |
| 5+ Bedrooms | - | $171.3K | N/A |
Summary: Willard 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 41.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 127.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Union Township | $227.5K | $291.9K | +28.3% |
| Wallace | $215K | $264K | +22.8% |
| Willard | $220K | $265K | +20.5% |
Housing Supply in Willard, NC
How many homes are available in Willard, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Summary: The Willard real estate market had 10 homes for sale in May 2024, a 25.0% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Willard 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willard, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Willard in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Willard, NC
How long does it take to sell a home in Willard, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 15 Days | 3 Days | -77.2% |
Summary: Homes in Willard had an average of 3 days on market in May 2024, down by 77.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Willard are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Willard; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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