Is North Wilkesboro, 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, North Wilkesboro has remained a Seller's Market.
Housing Prices in North Wilkesboro, NC
How much do homes in North Wilkesboro, NC cost?
Median Sold Price
$224,900
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Wilkesboro 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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $154K | +40.0% |
2 Bedrooms | $162.5K | $169.9K | +4.6% |
3 Bedrooms | $215K | $231.4K | +7.7% |
4 Bedrooms | $293.5K | $305K | +3.9% |
5+ Bedrooms | $347.5K | $436.5K | +25.6% |
Summary: North Wilkesboro 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 7.7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 25.6%.
Median Sold Price Compared To Nearby Cities
North Wilkesboro | $200K | $224.9K | +12.4% |
North Wilkesboro Township | $200K | $224.9K | +12.4% |
Rock Creek Township | $205.9K | $228K | +10.7% |
Wilkesboro | $290K | $311K | +7.2% |
Wilkesboro Township | $294.9K | $308K | +4.4% |
Housing Supply in North Wilkesboro, NC
How many homes are available in North Wilkesboro, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 38 | -2.6% |
Summary: The North Wilkesboro 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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 20 | 20 | 0.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The North Wilkesboro 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 2024 | May 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in North Wilkesboro 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, NC
How long does it take to sell a home in North Wilkesboro, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 40 Days | +369.8% |
Summary: Homes in North Wilkesboro 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
Summary: During May 2024, 8 homes were sold in North Wilkesboro; 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.