Is Wallburg, 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, Wallburg was a Neutral Market.
Key Takeaway
Wallburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wallburg, NC
How much do homes in Wallburg, NC cost?
Median Sold Price
$303,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wallburg have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Wallburg was $303,000 in May 2024, up 6.9% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $316K | $158.4K | -49.9% |
| 3 Bedrooms | $267K | $300K | +12.4% |
| 4 Bedrooms | $565K | $595K | +5.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Wallburg 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 decreased by 49.9%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Midway Township | $300K | $355K | +18.3% |
| Wallburg | $283.5K | $303K | +6.9% |
| Abbotts Creek Township | $349.8K | $359.9K | +2.9% |
| Abbotts Creek Township | $315K | $317.5K | +0.8% |
| Broadbay Township | $274.9K | $270K | -1.8% |
Housing Supply in Wallburg, NC
How many homes are available in Wallburg, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Wallburg real estate market had 6 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 | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Wallburg 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wallburg, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Wallburg in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Wallburg, NC
How long does it take to sell a home in Wallburg, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 177 Days | 9 Days | -94.9% |
Summary: Homes in Wallburg had an average of 9 days on market in May 2024, down by 94.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wallburg are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Wallburg; 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.
