Is Walkertown, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walkertown is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Walkertown has remained a Seller's Market.

Key Takeaway

Walkertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Walkertown, NC

How much do homes in Walkertown, NC cost?

Median Sold Price

$282,900

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$36,100(-11.3%)

Key Takeaway

Homes in Walkertown have sold for 11.3% less than they did a year ago.

Summary: The median home sold price in Walkertown was $282,900 in November 2024, down 11.3% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $169.2K$200K
+18.2%
3 $280K$273.4K
-2.3%
4 $377K$349.9K
-7.2%
5+ $384.5K$405K
+5.3%

Summary: Walkertown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Cities

Salem Chapel Township
+10.9%
Kernersville Township
+1.1%
Middle Fork I Township
-2.3%
Middle Fork II Township
-8.3%
Walkertown
-11.3%

Housing Supply in Walkertown, NC

How many homes are available in Walkertown, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3230-6.3%

Summary: The Walkertown real estate market had 30 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 55
0.0%
3 1919
0.0%
4 53
-40.0%
5+ 22
0.0%

Summary: The Walkertown housing inventory by bedroom type for November 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 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
613+116.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walkertown, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Walkertown in November 2024, up by 116.7% month-over-month. Of the 13 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% 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

Nov 2023Nov 2024CHANGE
9 Days24 Days+149.4%

Summary: Homes in Walkertown had an average of 24 days on market in Nov 2024, up by 149.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Walkertown are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in Walkertown; 62% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

Newest Listings in Walkertown, NC

Nearby Markets to Walkertown, NC

What housing markets are near Walkertown, NC?