Is Bunnlevel, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bunnlevel is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Bunnlevel has remained a Seller's Market.

Key Takeaway

Bunnlevel is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bunnlevel, NC

How much do homes in Bunnlevel, NC cost?

Median Sold Price

$287,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$7,500(-2.5%)

Key Takeaway

Homes in Bunnlevel have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Bunnlevel was $287,000 in November 2024, down 2.5% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $75K$46K
-38.7%
2 $170K$155K
-8.8%
3 $274.5K$285K
+3.8%
4 $315K$300K
-4.8%
5+ $370K$383.9K
+3.8%

Summary: Bunnlevel housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.7%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Cities

Lillington
+7.5%
Lillington Township
+6.4%
Anderson Creek Township
+0.6%
Stewarts Creek Township
-1.9%
Bunnlevel
-2.5%

Housing Supply in Bunnlevel, NC

How many homes are available in Bunnlevel, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
28280.0%

Summary: The Bunnlevel real estate market had 28 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 1115
+36.4%
4 1110
-9.1%
5+ 42
-50.0%

Summary: The Bunnlevel housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bunnlevel, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Bunnlevel in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.

Days on Market for Bunnlevel, NC

How long does it take to sell a home in Bunnlevel, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days48 Days+33.9%

Summary: Homes in Bunnlevel had an average of 48 days on market in Nov 2024, up by 33.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bunnlevel are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in Bunnlevel; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Bunnlevel, NC

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