Is Walkertown, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Walkertown was a Seller's Market.
Key Takeaway
Walkertown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Walkertown, NC
How much do homes in Walkertown, NC cost?
Median Sold Price
$298,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Walkertown have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Walkertown was $298,000 in March 2024, up 1.3% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $193K | $186.2K | -3.5% |
| 3 Bedrooms | $257.7K | $265K | +2.8% |
| 4 Bedrooms | $390K | $359K | -7.9% |
| 5+ Bedrooms | $396.9K | $393.7K | -0.8% |
Summary: Walkertown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Cities
| Salem Chapel Township | $260K | $275K | +5.8% |
| Kernersville Township | $315K | $330.7K | +5.0% |
| Middle Fork I Township | $199.9K | $205K | +2.6% |
| Walkertown | $294.2K | $298K | +1.3% |
| Middle Fork II Township | $340.1K | $340K | 0% |
Housing Supply in Walkertown, NC
How many homes are available in Walkertown, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Summary: The Walkertown real estate market had 24 homes for sale in March 2024, a 7.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 11 | 7 | -36.4% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Walkertown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Walkertown, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Walkertown in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Walkertown, NC
How long does it take to sell a home in Walkertown, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 41 Days | 67 Days | +62.4% |
Summary: Homes in Walkertown had an average of 67 days on market in Mar 2024, up by 62.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Walkertown has remained consistent over time.
Summary: During March 2024, 4 homes were sold in Walkertown; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
