Is Knightdale, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
Since last year, Knightdale has remained a Seller's Market.
Key Takeaway
Knightdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Knightdale, NC cost?
Median Sold Price
$379,900
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
+$69,900(+22.5%)
Key Takeaway
Homes in Knightdale have sold for 22.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $188K | $245.5K | +30.6% |
| 3 Bedrooms | $256K | $353.9K | +38.3% |
| 4 Bedrooms | $355K | $417.5K | +17.6% |
| 5+ Bedrooms | $410K | $493K | +20.2% |
Median Sold Price Compared To Nearby Cities
| Marks Creek Township | $316K | $390.1K | +23.4% |
| Knightdale | $310K | $379.9K | +22.5% |
| Saint Matthews Township | $295K | $360K | +22.0% |
| Raleigh | $340.5K | $400.5K | +17.6% |
How many homes are available in Knightdale, NC?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 55 | 48 | -12.7% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 28 | 27 | -3.6% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 15 | 12 | -20.0% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 16 | 21 | +31.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Knightdale, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Average Sale Time
| Dec 2021 | Dec 2022 | % |
|---|---|---|
| 16 Days | 5 Days | -66.0% |
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Knightdale are selling fast, if you're buying plan to act quickly.
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