$4,037 Closing Credit*
$339,990
1,861 SqFt
3 Beds
•2 Full Baths, 1 Partial
Alex Lilly, Listing Office: Pulte Home Company LLC
Is Wendell, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Wendell has remained a Neutral Market.
Key Takeaway
Wendell 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 Wendell, NC
How much do homes in Wendell, NC cost?
Median Sold Price
$400,525
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$11,975(-2.9%)
Key Takeaway
Homes in Wendell have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Wendell was $400,525 in September 2024, down 2.9% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160.3K | N/A |
| 2 Bedrooms | $362K | $377K | +4.1% |
| 3 Bedrooms | $390K | $375K | -3.8% |
| 4 Bedrooms | $465K | $425K | -8.6% |
| 5+ Bedrooms | $558.8K | $426.9K | -23.6% |
Summary: Wendell housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 23.6%.
Median Sold Price Compared To Nearby Cities
| Marks Creek Township | $400K | $389.9K | -2.5% |
| Wendell | $412.5K | $400.5K | -2.9% |
Housing Supply in Wendell, NC
How many homes are available in Wendell, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 305 | 258 | -15.4% |
Summary: The Wendell real estate market had 258 homes for sale in September 2024, a 15.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 172 | 148 | -14.0% |
| 4 Bedrooms | 98 | 83 | -15.3% |
| 5+ Bedrooms | 25 | 15 | -40.0% |
Summary: The Wendell housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 80 | 43 | -46.3% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wendell, you may be able to get a good deal. 55.8% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in Wendell in September 2024, down by 46.3% month-over-month. Of the 43 sold homes, 56% were sold under asking, 33% were sold at asking, and 12% were sold over asking.
Days on Market for Wendell, NC
How long does it take to sell a home in Wendell, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 93 Days | 63 Days | -31.9% |
Summary: Homes in Wendell had an average of 63 days on market in Sep 2024, down by 31.9% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wendell are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 43 homes were sold in Wendell; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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