Is Johnston County, 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, Johnston County has remained a Seller's Market.
Key Takeaway
Johnston County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Johnston County, NC
How much do homes in Johnston County, NC cost?
Median Sold Price
$348,908
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Johnston County have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Johnston County was $348,908 in March 2024, down 2.2% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | $177.5K | +0.9% |
| 2 Bedrooms | $225.5K | $230K | +2.0% |
| 3 Bedrooms | $325K | $320.5K | -1.4% |
| 4 Bedrooms | $419.8K | $426K | +1.5% |
| 5+ Bedrooms | $472.3K | $499.9K | +5.8% |
Summary: Johnston County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Counties
| Wilson County | $225K | $241K | +7.2% |
| Wayne County | $239.9K | $250.7K | +4.5% |
| Wake County | $462K | $472.4K | +2.2% |
| Harnett County | $305K | $311.1K | +2.0% |
| Johnston County | $356.8K | $348.9K | -2.2% |
Housing Supply in Johnston County, NC
How many homes are available in Johnston County, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 783 | 810 | +3.4% |
Summary: The Johnston County real estate market had 810 homes for sale in March 2024, a 3.4% 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 | 48 | 49 | +2.1% |
| 3 Bedrooms | 520 | 531 | +2.1% |
| 4 Bedrooms | 189 | 197 | +4.2% |
| 5+ Bedrooms | 25 | 31 | +24.0% |
Summary: The Johnston County 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 increased by 2.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 24%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 158 | 182 | +15.2% |
Asking Price vs. Sold Price
88 Homes Were Sold
Under Asking
60 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Johnston County, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.
Summary: A total of 182 homes were sold or pending in Johnston County in March 2024, up by 15.2% month-over-month. Of the 182 sold homes, 48% were sold under asking, 33% were sold at asking, and 19% were sold over asking.
Days on Market for Johnston County, NC
How long does it take to sell a home in Johnston County, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 108 Days | 96 Days | -10.5% |
Summary: Homes in Johnston County had an average of 96 days on market in Mar 2024, down by 10.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
96 Homes Were Sold
In 30 - 90 Days
71 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Johnston County has remained consistent over time.
Summary: During March 2024, 182 homes were sold in Johnston County; 8% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.
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The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved.