Is Wilson Mills Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Wilson Mills Township has remained a Seller's Market.
Housing Prices in Wilson Mills Township, NC
How much do homes in Wilson Mills Township, NC cost?
Median Sold Price
$330,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wilson Mills Township was $330,000 in May 2024, down 6.2% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $242K | - | N/A |
3 Bedrooms | $334K | $319.5K | -4.3% |
4 Bedrooms | $385K | $387.5K | +0.6% |
5+ Bedrooms | $500K | $412.2K | -17.5% |
Summary: Wilson Mills Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 17.5%.
Median Sold Price Compared To Nearby Cities
Selma Township | $305.9K | $298K | -2.6% |
Selma | $309K | $298.9K | -3.3% |
Smithfield | $320K | $306.4K | -4.2% |
Wilson Mills Township | $351.6K | $330K | -6.2% |
Wilson's Mills | $345K | $315.6K | -8.5% |
Housing Supply in Wilson Mills Township, NC
How many homes are available in Wilson Mills Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
49 | 45 | -8.2% |
Summary: The Wilson Mills Township real estate market had 45 homes for sale in May 2024, a 8.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 29 | 26 | -10.3% |
4 Bedrooms | 15 | 13 | -13.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Wilson Mills Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 10 | -23.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Wilson Mills Township in May 2024, down by 23.1% month-over-month. Of the 10 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% were sold over asking.
Days on Market for Wilson Mills Township, NC
How long does it take to sell a home in Wilson Mills Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
96 Days | 48 Days | -49.4% |
Summary: Homes in Wilson Mills Township had an average of 48 days on market in May 2024, down by 49.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Wilson Mills Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.