Is Davie County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Davie County has remained a Seller's Market.
Housing Prices in Davie County, NC
How much do homes in Davie County, NC cost?
Median Sold Price
$300,100
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Davie County was $300,100 in April 2024, up 4.3% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $92.7K | $132.5K | +42.9% |
2 Bedrooms | $160K | $175K | +9.4% |
3 Bedrooms | $288.1K | $310K | +7.6% |
4 Bedrooms | $340K | $442K | +30.0% |
5+ Bedrooms | $458.5K | $655K | +42.9% |
Summary: Davie County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 42.9%.
Median Sold Price Compared To Nearby Counties
Yadkin County | $235K | $255.2K | +8.6% |
Davidson County | $259.5K | $272.6K | +5.0% |
Davie County | $287.6K | $300.1K | +4.3% |
Forsyth County | $286.9K | $297.5K | +3.7% |
Rowan County | $270K | $279.5K | +3.5% |
Housing Supply in Davie County, NC
How many homes are available in Davie County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
167 | 175 | +4.8% |
Summary: The Davie County real estate market had 175 homes for sale in April 2024, a 4.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 1 | -75.0% |
2 Bedrooms | 36 | 32 | -11.1% |
3 Bedrooms | 82 | 89 | +8.5% |
4 Bedrooms | 41 | 47 | +14.6% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Davie County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 38 | -22.4% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Davie County in April 2024, down by 22.4% month-over-month. Of the 38 sold homes, 47% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for Davie County, NC
How long does it take to sell a home in Davie County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 40 Days | -35.8% |
Summary: Homes in Davie County had an average of 40 days on market in Apr 2024, down by 35.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in Davie County; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.