Is Willow Spring, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willow Spring is a seller's market

Buyer's
Market

Difference Since November 2020

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

Key Takeaway

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

How much do homes in Willow Spring, NC cost?

Median Sold Price

$332,500

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$67,500(+25.5%)

Key Takeaway

Homes in Willow Spring have sold for 25.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $140K$324.5K
+131.8%
3 $241.5K$300K
+24.2%
4 $357.7K$402.2K
+12.4%
5+ $405K$424K
+4.7%

Median Sold Price Compared To Nearby Cities

Willow Spring
+25.5%
Fuquay-Varina
+24.4%
Pleasant Grove Township
+22.2%
Angier
+16.5%
Black River Township
+15.2%

How many homes are available in Willow Spring, NC?

Number of Homes For Sale

Oct 2021Nov 2021%
7471-4.1%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 00
0.0%
3 5250
-3.8%
4 1415
+7.1%
5+ 86
-25.0%

Number of Homes Sold

Oct 2021Nov 2021%
2123+9.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willow Spring, you could pay more than the asking price. 60.9% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
7 Days7 Days+0.8%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Willow Spring, NC

There are 71 homes are for sale in Willow Spring, NC real estate market. The inventory of homes for sale in Willow Spring, NC between October 2021 and November 2021 decreased by 4.1%. Listings spent 7 days on the market in November 2021, and had a median list price of $332,500 during the same period. This housing market listing prices have changed between October 2021 and November 2021: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 131.8%, 3 bedrooms properties became 24.2% more expensive, 4 bedrooms properties became 12.4% more expensive, prices of 5 bedrooms properties increased by 4.7%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes inventory did not change, 3 bedrooms homes inventory decreased by 3.8%, 4 bedrooms homes became 7.1% more available, number of 5 bedrooms homes decreased by 25%. In November 2021 more than 14 listings in Willow Spring, NC were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 3 were sold below.

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