Is Wilson 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, Wilson County has remained a Seller's Market.
Key Takeaway
Wilson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wilson County, NC
How much do homes in Wilson County, NC cost?
Median Sold Price
$243,666
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wilson County have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Wilson County was $243,666 in May 2024, up 8.3% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $70K | -6.7% |
| 2 Bedrooms | $116.2K | $140K | +20.4% |
| 3 Bedrooms | $234.9K | $246K | +4.7% |
| 4 Bedrooms | $289.4K | $310K | +7.1% |
| 5+ Bedrooms | $297.5K | $294K | -1.2% |
Summary: Wilson County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Counties
| Greene County | $172.5K | $203K | +17.7% |
| Wilson County | $225K | $243.6K | +8.3% |
| Nash County | $250.5K | $265.6K | +6.0% |
| Wayne County | $241K | $250K | +3.7% |
| Johnston County | $354.9K | $348.9K | -1.7% |
Housing Supply in Wilson County, NC
How many homes are available in Wilson County, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 311 | 287 | -7.7% |
Summary: The Wilson County real estate market had 287 homes for sale in May 2024, a 7.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 29 | 24 | -17.2% |
| 3 Bedrooms | 210 | 192 | -8.6% |
| 4 Bedrooms | 55 | 54 | -1.8% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Wilson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 71 | 72 | +1.4% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wilson County, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 72 homes were sold or pending in Wilson County in May 2024, up by 1.4% month-over-month. Of the 72 sold homes, 44% were sold under asking, 42% were sold at asking, and 14% were sold over asking.
Days on Market for Wilson County, NC
How long does it take to sell a home in Wilson County, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 53 Days | 39 Days | -26.4% |
Summary: Homes in Wilson County had an average of 39 days on market in May 2024, down by 26.4% compared to last year.
Breakdown of Home Sale Times
51 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wilson County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 72 homes were sold in Wilson County; 71% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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