Is Dunn, 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, Dunn has remained a Seller's Market.
Housing Prices in Dunn, NC
How much do homes in Dunn, NC cost?
Median Sold Price
$254,900
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dunn was $254,900 in March 2024, up 13.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $163K | $140K | -14.1% |
2 Bedrooms | $159.9K | $153K | -4.3% |
3 Bedrooms | $237.7K | $255K | +7.3% |
4 Bedrooms | $343.9K | $329.9K | -4.1% |
5+ Bedrooms | $355K | $404.6K | +14.0% |
Summary: Dunn housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.1%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 14%.
Median Sold Price Compared To Nearby Cities
Plain View Township | $284.5K | $329.9K | +16.0% |
Duke Township | $192.6K | $219K | +13.7% |
Dunn | $225K | $254.9K | +13.3% |
Dunn | $225K | $254.9K | +13.3% |
Averasboro Township | $210K | $235K | +11.9% |
Housing Supply in Dunn, NC
How many homes are available in Dunn, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
104 | 105 | +1.0% |
Summary: The Dunn real estate market had 105 homes for sale in March 2024, a 1.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 20 | 17 | -15.0% |
3 Bedrooms | 59 | 64 | +8.5% |
4 Bedrooms | 19 | 17 | -10.5% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Dunn housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 27 | +107.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Dunn in March 2024, up by 107.7% month-over-month. Of the 27 sold homes, 37% were sold under asking, 33% were sold at asking, and 30% were sold over asking.
Days on Market for Dunn, NC
How long does it take to sell a home in Dunn, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
90 Days | 77 Days | -15.0% |
Summary: Homes in Dunn had an average of 77 days on market in Mar 2024, down by 15% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in Dunn; 19% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.