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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilkesboro is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Wilkesboro was a Neutral Market.

Key Takeaway

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

Housing Prices in Wilkesboro, NC

How much do homes in Wilkesboro, NC cost?

Median Sold Price

$310,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$80,000(+34.8%)

Key Takeaway

Homes in Wilkesboro have sold for 34.8% more than they did a year ago.

Summary: The median home sold price in Wilkesboro was $310,000 in March 2024, up 34.8% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $148K-
N/A
2 $157.5K$225K
+42.9%
3 $240K$299.5K
+24.8%
4 $488K$464.2K
-4.9%
5+ $1.2M$420K
-66.7%

Summary: Wilkesboro 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 increased by 42.9%, 3 bedroom homes increased by 24.8%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 66.7%.

Median Sold Price Compared To Nearby Cities

Wilkesboro
+34.8%
North Wilkesboro Township
+11.7%
Reddies River Township
+10.0%
North Wilkesboro
+3.6%
Wilkesboro Township
-7.8%

Housing Supply in Wilkesboro, NC

How many homes are available in Wilkesboro, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
40400.0%

Summary: The Wilkesboro real estate market had 40 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 44
0.0%
3 2118
-14.3%
4 912
+33.3%
5+ 55
0.0%

Summary: The Wilkesboro 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilkesboro, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Wilkesboro in March 2024, up by 25.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Wilkesboro, NC

How long does it take to sell a home in Wilkesboro, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
104 Days46 Days-55.8%

Summary: Homes in Wilkesboro had an average of 46 days on market in Mar 2024, down by 55.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 10 homes were sold in Wilkesboro; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 25 Days Ago

Newest Listings in Wilkesboro, NC

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