Is Wayne 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, Wayne County has remained a Seller's Market.
Housing Prices in Wayne County, NC
How much do homes in Wayne County, NC cost?
Median Sold Price
$250,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wayne County was $250,000 in May 2024, up 3.7% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175.5K | - | N/A |
2 Bedrooms | $130K | $137.5K | +5.8% |
3 Bedrooms | $234K | $245K | +4.7% |
4 Bedrooms | $330K | $314.9K | -4.5% |
5+ Bedrooms | $398.9K | $406.9K | +2.0% |
Summary: Wayne County 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 increased by 5.8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Counties
Greene County | $172.5K | $203K | +17.7% |
Wilson County | $225K | $243.6K | +8.3% |
Lenoir County | $194.6K | $202K | +3.8% |
Wayne County | $241K | $250K | +3.7% |
Johnston County | $354.9K | $348.9K | -1.7% |
Housing Supply in Wayne County, NC
How many homes are available in Wayne County, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
436 | 468 | +7.3% |
Summary: The Wayne County real estate market had 468 homes for sale in May 2024, a 7.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 32 | 32 | 0.0% |
3 Bedrooms | 284 | 305 | +7.4% |
4 Bedrooms | 111 | 117 | +5.4% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Wayne County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
88 | 100 | +13.6% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 100 homes were sold or pending in Wayne County in May 2024, up by 13.6% month-over-month. Of the 100 sold homes, 40% were sold under asking, 43% were sold at asking, and 17% were sold over asking.
Days on Market for Wayne County, NC
How long does it take to sell a home in Wayne County, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 37 Days | -6.7% |
Summary: Homes in Wayne County had an average of 37 days on market in May 2024, down by 6.7% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During May 2024, 100 homes were sold in Wayne County; 66% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.