Is Wilson, 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 has remained a Seller's Market.
Key Takeaway
Wilson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wilson, NC
How much do homes in Wilson, NC cost?
Median Sold Price
$240,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wilson have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Wilson was $240,000 in May 2024, up 6.7% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $38K | $62.9K | +65.5% |
| 2 Bedrooms | $120K | $140K | +16.7% |
| 3 Bedrooms | $230K | $240K | +4.3% |
| 4 Bedrooms | $296.5K | $319.9K | +7.9% |
| 5+ Bedrooms | $297.5K | $300K | +0.8% |
Summary: Wilson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.5%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Cities
| Taylors Township | $264.9K | $292.4K | +10.4% |
| Wilson Township | $223.5K | $240K | +7.4% |
| Wilson | $224.9K | $240K | +6.7% |
| Old Fields Township | $344.9K | $350K | +1.5% |
Housing Supply in Wilson, NC
How many homes are available in Wilson, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 244 | 226 | -7.4% |
Summary: The Wilson real estate market had 226 homes for sale in May 2024, a 7.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 22 | 19 | -13.6% |
| 3 Bedrooms | 162 | 150 | -7.4% |
| 4 Bedrooms | 46 | 43 | -6.5% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Wilson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 59 | 53 | -10.2% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wilson, you may be able to get a good deal. 43.4% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Wilson in May 2024, down by 10.2% month-over-month. Of the 53 sold homes, 43% were sold under asking, 42% were sold at asking, and 15% were sold over asking.
Days on Market for Wilson, NC
How long does it take to sell a home in Wilson, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 55 Days | 37 Days | -31.8% |
Summary: Homes in Wilson had an average of 37 days on market in May 2024, down by 31.8% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wilson are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 53 homes were sold in Wilson; 72% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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