Is Dilworth, 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, Dilworth has remained a Seller's Market.
Key Takeaway
Dilworth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dilworth, NC
How much do homes in Dilworth, NC cost?
Median Sold Price
$639,045
$443/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dilworth have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Dilworth was $639,045 in April 2024, up 2.5% from last year, and the median price per square foot was $443.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $317K | +9.3% |
| 2 Bedrooms | $415K | $496.5K | +19.6% |
| 3 Bedrooms | $832.5K | $848.7K | +2.0% |
| 4 Bedrooms | $1.1M | $1.3M | +24.5% |
| 5+ Bedrooms | $1.5M | $1.9M | +29.5% |
Summary: Dilworth housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 29.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Dilworth | $623.5K | $639K | +2.5% |
| Cherry | $473.5K | $435K | -8.1% |
| Sedgefield | $925K | $825K | -10.8% |
Housing Supply in Dilworth, NC
How many homes are available in Dilworth, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 71 | 68 | -4.2% |
Summary: The Dilworth real estate market had 68 homes for sale in April 2024, a 4.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 17 | -15.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Dilworth housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 15 | -37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dilworth, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Dilworth in April 2024, down by 37.5% month-over-month. Of the 15 sold homes, 27% were sold under asking, 33% were sold at asking, and 40% were sold over asking.
Days on Market for Dilworth, NC
How long does it take to sell a home in Dilworth, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 25 Days | +10.7% |
Summary: Homes in Dilworth had an average of 25 days on market in Apr 2024, up by 10.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Dilworth are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Dilworth; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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