Is Johnston County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnston County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Johnston County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Johnston County, NC

How much do homes in Johnston County, NC cost?

Median Sold Price

$348,348

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$8,707(-2.4%)

Key Takeaway

Homes in Johnston County have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Johnston County was $348,348 in April 2024, down 2.4% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $176K$174.2K
-1.0%
2 $221.3K$230K
+3.9%
3 $325K$321.8K
-1.0%
4 $415.8K$430K
+3.4%
5+ $481.2K$494.8K
+2.8%

Summary: Johnston County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Counties

Wilson County
+8.4%
Wayne County
+4.2%
Wake County
+3.2%
Harnett County
+1.5%
Johnston County
-2.4%

Housing Supply in Johnston County, NC

How many homes are available in Johnston County, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8498490.0%

Summary: The Johnston County real estate market had 849 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 4543
-4.4%
3 557557
0.0%
4 211200
-5.2%
5+ 3447
+38.2%

Summary: The Johnston County 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 decreased by 4.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 38.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
186216+16.1%

Asking Price vs. Sold Price

84 Homes Were Sold
Under Asking

100 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnston County, expect to pay close to the asking price. 46.3% of homes here sold near the asking price last month.

Summary: A total of 216 homes were sold or pending in Johnston County in April 2024, up by 16.1% month-over-month. Of the 216 sold homes, 39% were sold under asking, 46% were sold at asking, and 15% were sold over asking.

Days on Market for Johnston County, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
109 Days50 Days-53.7%

Summary: Homes in Johnston County had an average of 50 days on market in Apr 2024, down by 53.7% compared to last year.

Breakdown of Home Sale Times

124 Homes Were Sold
Under 30 Days

51 Homes Were Sold
In 30 - 90 Days

40 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 216 homes were sold in Johnston County; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% 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 10 Days Ago

Newest Listings in Johnston County, NC

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