$4,155 Closing Credit*
$349,900
1,738 SqFt
3 Beds
•2 Full Baths
Tim Matthews, Listing Office: Century 21 Triangle Group
Is Fuquay-Varina, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Fuquay-Varina has remained a Seller's Market.
Key Takeaway
Fuquay-Varina is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fuquay-Varina, NC
How much do homes in Fuquay-Varina, NC cost?
Median Sold Price
$437,250
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$12,142(+2.9%)
Key Takeaway
Homes in Fuquay-Varina have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Fuquay-Varina was $437,250 in September 2024, up 2.9% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $296K | $303.4K | +2.5% |
| 3 Bedrooms | $388.8K | $390K | 0.3% |
| 4 Bedrooms | $450K | $483.6K | +7.5% |
| 5+ Bedrooms | $585K | $591K | +1.0% |
Summary: Fuquay-Varina housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
| Middle Creek Township | $466.4K | $500K | +7.2% |
| Holly Springs Township | $569.8K | $599.8K | +5.3% |
| Fuquay Varina | $444.2K | $457.9K | +3.1% |
| Fuquay-Varina | $425.1K | $437.2K | +2.9% |
| Willow Spring | $419.9K | $420K | 0.0% |
Housing Supply in Fuquay-Varina, NC
How many homes are available in Fuquay-Varina, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 168 | 162 | -3.6% |
Summary: The Fuquay-Varina real estate market had 162 homes for sale in September 2024, a 3.6% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 72 | 71 | -1.4% |
| 4 Bedrooms | 73 | 70 | -4.1% |
| 5+ Bedrooms | 16 | 12 | -25.0% |
Summary: The Fuquay-Varina housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 47 | 44 | -6.4% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fuquay-Varina, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Fuquay-Varina in September 2024, down by 6.4% month-over-month. Of the 44 sold homes, 55% were sold under asking, 34% were sold at asking, and 11% were sold over asking.
Days on Market for Fuquay-Varina, NC
How long does it take to sell a home in Fuquay-Varina, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 61 Days | 39 Days | -35.0% |
Summary: Homes in Fuquay-Varina had an average of 39 days on market in Sep 2024, down by 35% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fuquay-Varina are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 44 homes were sold in Fuquay-Varina; 55% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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