Is Dunn, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Dunn was a Neutral Market.
Housing Prices in Dunn, NC
How much do homes in Dunn, NC cost?
Median Sold Price
$250,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Dunn was $250,000 in February 2024, up 11.1% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $163K | $140K | -14.1% |
2 Bedrooms | $150K | $160K | +6.7% |
3 Bedrooms | $239K | $250K | +4.6% |
4 Bedrooms | $332.9K | $329.9K | -0.9% |
5+ Bedrooms | $355K | $404.6K | +14.0% |
Summary: Dunn housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.1%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 14%.
Median Sold Price Compared To Nearby Cities
Plain View Township | $284K | $327.1K | +15.2% |
Averasboro Township | $209.9K | $235K | +12.0% |
Dunn | $225K | $250K | +11.1% |
Dunn | $225K | $250K | +11.1% |
Duke Township | $192.9K | $214K | +10.9% |
Housing Supply in Dunn, NC
How many homes are available in Dunn, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
102 | 99 | -2.9% |
Summary: The Dunn real estate market had 99 homes for sale in February 2024, a 2.9% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 15 | -16.7% |
3 Bedrooms | 56 | 59 | +5.4% |
4 Bedrooms | 22 | 19 | -13.6% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Dunn housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
15 | 13 | -13.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Dunn in February 2024, down by 13.3% month-over-month. Of the 13 sold homes, 31% were sold under asking, 46% were sold at asking, and 23% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
87 Days | 87 Days | -0.8% |
Summary: Homes in Dunn had an average of 87 days on market in Feb 2024, down by 0.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During February 2024, 13 homes were sold in Dunn; 38% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.