Is Wingate, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Wingate has remained a Seller's Market.
Housing Prices in Wingate, NC
How much do homes in Wingate, NC cost?
Median Sold Price
$325,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Wingate was $325,000 in March 2024, up 9.1% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $420K | N/A |
3 Bedrooms | $280.5K | $290.9K | +3.7% |
4 Bedrooms | $301.9K | $355K | +17.6% |
5+ Bedrooms | $410K | $382.5K | -6.7% |
Summary: Wingate 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 did not change, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Cities
Marshville Township | $288.5K | $330K | +14.4% |
Wingate | $298K | $325K | +9.1% |
Monroe Township | $349.1K | $374.9K | +7.4% |
Housing Supply in Wingate, NC
How many homes are available in Wingate, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 22 | -4.3% |
Summary: The Wingate real estate market had 22 homes for sale in March 2024, a 4.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Wingate 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 increased by 7.7%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Wingate in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for Wingate, NC
How long does it take to sell a home in Wingate, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 38 Days | -29.7% |
Summary: Homes in Wingate had an average of 38 days on market in Mar 2024, down by 29.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Wingate; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.