Is Davie County, 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, Davie County has remained a Seller's Market.
Housing Prices in Davie County, NC
How much do homes in Davie County, NC cost?
Median Sold Price
$299,888
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Davie County was $299,888 in March 2024, up 6.2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $92.7K | $132.5K | +42.9% |
2 Bedrooms | $158.5K | $179K | +12.9% |
3 Bedrooms | $287.2K | $303.9K | +5.8% |
4 Bedrooms | $375K | $447.9K | +19.4% |
5+ Bedrooms | $520K | $599K | +15.2% |
Summary: Davie County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Counties
Yadkin County | $235K | $255K | +8.5% |
Davidson County | $249.5K | $270.2K | +8.3% |
Davie County | $282.3K | $299.8K | +6.2% |
Forsyth County | $280.5K | $296.3K | +5.6% |
Rowan County | $268.7K | $277.6K | +3.3% |
Housing Supply in Davie County, NC
How many homes are available in Davie County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
145 | 153 | +5.5% |
Summary: The Davie County real estate market had 153 homes for sale in March 2024, a 5.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 33 | 33 | 0.0% |
3 Bedrooms | 70 | 80 | +14.3% |
4 Bedrooms | 37 | 31 | -16.2% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Davie County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 45 | +60.7% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Davie County in March 2024, up by 60.7% month-over-month. Of the 45 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.
Days on Market for Davie County, NC
How long does it take to sell a home in Davie County, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 34 Days | +16.3% |
Summary: Homes in Davie County had an average of 34 days on market in Mar 2024, up by 16.3% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 45 homes were sold in Davie County; 76% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.