Is Johnston County, 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, 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
$348,945
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Johnston County have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Johnston County was $348,945 in May 2024, down 1.7% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | $174.2K | -1.0% |
| 2 Bedrooms | $223.3K | $230K | +3.0% |
| 3 Bedrooms | $324.6K | $320.5K | -1.3% |
| 4 Bedrooms | $414.9K | $430K | +3.6% |
| 5+ Bedrooms | $489.7K | $490K | 0.1% |
Summary: Johnston County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 0.1%.
Median Sold Price Compared To Nearby Counties
| Wilson County | $225K | $243.6K | +8.3% |
| Wake County | $460.4K | $477.7K | +3.8% |
| Wayne County | $241K | $250K | +3.7% |
| Harnett County | $305.3K | $313.7K | +2.8% |
| Johnston County | $354.9K | $348.9K | -1.7% |
Housing Supply in Johnston County, NC
How many homes are available in Johnston County, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1,049 | 1,044 | -0.5% |
Summary: The Johnston County real estate market had 1,044 homes for sale in May 2024, a 0.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 52 | 57 | +9.6% |
| 3 Bedrooms | 689 | 684 | -0.7% |
| 4 Bedrooms | 251 | 251 | 0.0% |
| 5+ Bedrooms | 55 | 52 | -5.5% |
Summary: The Johnston County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 9.6%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 5.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 224 | 271 | +21.0% |
Asking Price vs. Sold Price
113 Homes Were Sold
Under Asking
105 Homes Were Sold
At Asking
53 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Johnston County, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 271 homes were sold or pending in Johnston County in May 2024, up by 21.0% month-over-month. Of the 271 sold homes, 42% were sold under asking, 39% were sold at asking, and 20% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 99 Days | 28 Days | -71.6% |
Summary: Homes in Johnston County had an average of 28 days on market in May 2024, down by 71.6% compared to last year.
Breakdown of Home Sale Times
193 Homes Were Sold
Under 30 Days
54 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Johnston County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 271 homes were sold in Johnston County; 71% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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