Is Bunnlevel, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bunnlevel has remained a Seller's Market.
Housing Prices in Bunnlevel, NC
How much do homes in Bunnlevel, NC cost?
Median Sold Price
$285,250
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bunnlevel was $285,250 in March 2024, down 3.3% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | - | N/A |
2 Bedrooms | $165K | $170K | +3.0% |
3 Bedrooms | $269.9K | $280K | +3.7% |
4 Bedrooms | $311K | $300.2K | -3.5% |
5+ Bedrooms | $356K | $377.4K | +6.0% |
Summary: Bunnlevel housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
Anderson Creek Township | $305.6K | $319.5K | +4.5% |
Lillington | $315K | $327.3K | +3.9% |
Lillington Township | $323.8K | $333.9K | +3.1% |
Stewarts Creek Township | $299.3K | $295K | -1.4% |
Bunnlevel | $295K | $285.2K | -3.3% |
Housing Supply in Bunnlevel, NC
How many homes are available in Bunnlevel, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 28 | -3.4% |
Summary: The Bunnlevel real estate market had 28 homes for sale in March 2024, a 3.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 18 | 13 | -27.8% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bunnlevel housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Bunnlevel in March 2024, up by 83.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for Bunnlevel, NC
How long does it take to sell a home in Bunnlevel, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
83 Days | 77 Days | -7.3% |
Summary: Homes in Bunnlevel had an average of 77 days on market in Mar 2024, down by 7.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Bunnlevel; 9% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.