Is Wilson's Mills, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilson's Mills is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Wilson's Mills has remained a Seller's Market.

Key Takeaway

Wilson's Mills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wilson's Mills, NC

How much do homes in Wilson's Mills, NC cost?

Median Sold Price

$316,250

$198/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$22,250(-6.6%)

Key Takeaway

Homes in Wilson's Mills have sold for 6.6% less than they did a month ago.

Summary: The median home sold price in Wilson's Mills was $316,250 in September 2024, down 6.6% from last month, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $338.5K$313.7K
-7.3%
4 -$382.4K
N/A
5+ --
N/A

Summary: Wilson's Mills housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wilson's Mills, NC

How many homes are available in Wilson's Mills, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2322-4.3%

Summary: The Wilson's Mills real estate market had 22 homes for sale in September 2024, a 4.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1819
+5.6%
4 33
0.0%
5+ 20
-100.0%

Summary: The Wilson's Mills 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 remained the same, 3 bedroom homes increased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilson's Mills, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Wilson's Mills in September 2024, up by 100.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for Wilson's Mills, NC

How long does it take to sell a home in Wilson's Mills, NC?

Average Sale Time

Aug 2024Sep 2024CHANGE
43 Days43 Days+1.7%

Summary: Homes in Wilson's Mills had an average of 43 days on market in Sep 2024, up by 1.7% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 8 homes were sold in Wilson's Mills; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 30 Days Ago

Newest Listings in Wilson's Mills, NC

Nearby Markets to Wilson's Mills, NC

What housing markets are near Wilson's Mills, NC?