Is Kittrell, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kittrell has remained a Seller's Market.
Key Takeaway
Kittrell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kittrell, NC
How much do homes in Kittrell, NC cost?
Median Sold Price
$328,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kittrell have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Kittrell was $328,000 in April 2024, up 16.9% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65.5K | - | N/A |
| 2 Bedrooms | - | $851.8K | N/A |
| 3 Bedrooms | $266K | $263.7K | -0.8% |
| 4 Bedrooms | $495K | $465.5K | -6.0% |
| 5+ Bedrooms | $425K | - | N/A |
Summary: Kittrell housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Kittrell | $280.5K | $328K | +16.9% |
| Kittrell Township | $260K | $265K | +1.9% |
Housing Supply in Kittrell, NC
How many homes are available in Kittrell, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Kittrell real estate market had 6 homes for sale in April 2024, a 14.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kittrell housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kittrell, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Kittrell in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Kittrell, NC
How long does it take to sell a home in Kittrell, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 108 Days | 2 Days | -97.7% |
Summary: Homes in Kittrell had an average of 2 days on market in Apr 2024, down by 97.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kittrell are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Kittrell; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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