$5,397 Closing Credit*
$454,500
2,025 SqFt
4 Beds
•2 Full Baths
John H. McPherson Jr., Listing Office: Coldwell Banker Advantage
Is Davie County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Davie County has remained a Seller's Market.
Key Takeaway
Davie County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Davie County, NC
How much do homes in Davie County, NC cost?
Median Sold Price
$313,620
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,871(+7.9%)
Key Takeaway
Homes in Davie County have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Davie County was $313,620 in October 2024, up 7.9% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $121.2K | -10.2% |
| 2 Bedrooms | $171.5K | $175.1K | +2.1% |
| 3 Bedrooms | $289.2K | $325K | +12.4% |
| 4 Bedrooms | $374.9K | $423K | +12.8% |
| 5+ Bedrooms | $471K | $602.5K | +27.9% |
Summary: Davie County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 27.9%.
Median Sold Price Compared To Nearby Counties
| Yadkin County | $236.2K | $268K | +13.4% |
| Davie County | $290.7K | $313.6K | +7.9% |
| Davidson County | $264.9K | $274.9K | +3.8% |
| Forsyth County | $290.2K | $299.9K | +3.4% |
| Rowan County | $270.9K | $279.7K | +3.2% |
Housing Supply in Davie County, NC
How many homes are available in Davie County, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 214 | 221 | +3.3% |
Summary: The Davie County real estate market had 221 homes for sale in October 2024, a 3.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 29 | 35 | +20.7% |
| 3 Bedrooms | 127 | 117 | -7.9% |
| 4 Bedrooms | 43 | 48 | +11.6% |
| 5+ Bedrooms | 13 | 19 | +46.2% |
Summary: The Davie County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20.7%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 46.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 49 | +22.5% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Davie County, you may be able to get a good deal. 61.2% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in Davie County in October 2024, up by 22.5% month-over-month. Of the 49 sold homes, 61% were sold under asking, 18% were sold at asking, and 20% were sold over asking.
Days on Market for Davie County, NC
How long does it take to sell a home in Davie County, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 38 Days | +77.0% |
Summary: Homes in Davie County had an average of 38 days on market in Oct 2024, up by 77% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Davie County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 49 homes were sold in Davie County; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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