Is Farmville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Farmville is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Farmville has remained a Seller's Market.

Key Takeaway

Farmville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Farmville, NC cost?

Median Sold Price

$160,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

-$11,000(-6.4%)

Key Takeaway

Homes in Farmville have sold for 6.4% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $88K$145.9K
+65.8%
3 $175.4K$155K
-11.6%
4 $226K$306.4K
+35.6%
5+ $168K$263.6K
+56.9%

Median Sold Price Compared To Nearby Cities

Farmville Township
-5.6%
Farmville
-6.4%

How many homes are available in Farmville, NC?

Number of Homes For Sale

Sep 2022Oct 2022%
1615-6.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 32
-33.3%
3 75
-28.6%
4 57
+40.0%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Farmville, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
10 Days16 Days+60.0%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Farmville are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Farmville, NC

Farmville, NC has 15 homes for sale to choose from. The number of listings in Farmville, NC decreased by 6.3% between September 2022 and October 2022. In October 2022, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $160,000. This housing market listing prices have changed between September 2022 and October 2022: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 65.8%, the cost of 3 bedrooms properties went down by 11.6%, the cost of 4 bedrooms properties went up by 35.6%, 5 bedrooms properties prices increased by 56.9%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, volume of 2 bedrooms homes went down by 33.3%, the quantity of 3 bedrooms homes went down by 28.6%, the quantity of 4 bedrooms homes went up by 40%, the quantity of 5 bedrooms homes have not changed. In October 2022 more than 2 listings in Farmville, NC were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below.

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