Is Franklinville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Franklinville has remained a Seller's Market.
Housing Prices in Franklinville, NC
How much do homes in Franklinville, NC cost?
Median Sold Price
$210,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Franklinville was $210,000 in April 2024, up 27.3% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $128K | +220.0% |
2 Bedrooms | $126K | $169.9K | +34.8% |
3 Bedrooms | $250K | $262K | +4.8% |
4 Bedrooms | $369K | $95K | -74.3% |
5+ Bedrooms | - | $185K | N/A |
Summary: Franklinville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 220%, 2 bedroom homes increased by 34.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 74.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Franklinville | $165K | $210K | +27.3% |
Ramseur | $215.5K | $252K | +16.9% |
Franklinville Township | $229.4K | $240K | +4.6% |
Columbia Township | $226K | $201.5K | -10.8% |
Housing Supply in Franklinville, NC
How many homes are available in Franklinville, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Summary: The Franklinville real estate market had 9 homes for sale in April 2024, a 28.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Franklinville 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Franklinville in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Franklinville, NC
How long does it take to sell a home in Franklinville, NC?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Franklinville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.