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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dudley is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Dudley was a Neutral Market.

Key Takeaway

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

Housing Prices in Dudley, NC

How much do homes in Dudley, NC cost?

Median Sold Price

$242,000

$117/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$9,000(-3.6%)

Key Takeaway

Homes in Dudley have sold for 3.6% less than they did a month ago.

Summary: The median home sold price in Dudley was $242,000 in April 2024, down 3.6% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $251K$201K
-19.9%
4 -$242K
N/A
5+ --
N/A

Summary: Dudley housing prices by bedroom type for April 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 19.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Dudley, NC

How many homes are available in Dudley, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1315+15.4%

Summary: The Dudley real estate market had 15 homes for sale in April 2024, a 15.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1012
+20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Dudley housing inventory by bedroom type for April 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dudley, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Dudley in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Dudley, NC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
29 Days25 Days-13.8%

Summary: Homes in Dudley had an average of 25 days on market in Apr 2024, down by 13.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Dudley; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 8 Days Ago

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