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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilkesboro is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Wilkesboro was a Seller's Market.

Key Takeaway

Wilkesboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Wilkesboro, NC

How much do homes in Wilkesboro, NC cost?

Median Sold Price

$313,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$18,050(+6.1%)

Key Takeaway

Homes in Wilkesboro have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Wilkesboro was $313,000 in April 2024, up 6.1% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $183.7K$228K
+24.1%
3 $289.9K$305K
+5.2%
4 $491.5K$485K
-1.3%
5+ $509K$420K
-17.5%

Summary: Wilkesboro housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.1%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 17.5%.

Median Sold Price Compared To Nearby Cities

North Wilkesboro Township
+16.5%
North Wilkesboro
+15.9%
Reddies River Township
+8.7%
Wilkesboro
+6.1%
Wilkesboro Township
+2.7%

Housing Supply in Wilkesboro, NC

How many homes are available in Wilkesboro, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4144+7.3%

Summary: The Wilkesboro real estate market had 44 homes for sale in April 2024, a 7.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 57
+40.0%
3 1821
+16.7%
4 1212
0.0%
5+ 54
-20.0%

Summary: The Wilkesboro housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
102-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Wilkesboro in April 2024, down by 80.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Wilkesboro, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
50 Days12 Days-76.1%

Summary: Homes in Wilkesboro had an average of 12 days on market in Apr 2024, down by 76.1% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Wilkesboro; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Wilkesboro, NC

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