Is Kenilworth, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Kenilworth was a Seller's Market.
Housing Prices in Kenilworth, NC
How much do homes in Kenilworth, NC cost?
Median Sold Price
$598,500
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kenilworth was $598,500 in May 2024, up 14% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $307.5K | $285K | -7.3% |
2 Bedrooms | $427.4K | $420K | -1.7% |
3 Bedrooms | $589K | $680K | +15.4% |
4 Bedrooms | $805K | $814.5K | +1.2% |
5+ Bedrooms | $310K | $1.2M | +298.4% |
Summary: Kenilworth housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 298.4%.
Housing Supply in Kenilworth, NC
How many homes are available in Kenilworth, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 34 | 0.0% |
Summary: The Kenilworth real estate market had 34 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Kenilworth housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Kenilworth in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Kenilworth, NC
How long does it take to sell a home in Kenilworth, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
50 Days | 46 Days | -8.7% |
Summary: Homes in Kenilworth had an average of 46 days on market in May 2024, down by 8.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Kenilworth; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.