Is Franklinville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Franklinville was a Seller's Market.
Housing Prices in Franklinville, NC
How much do homes in Franklinville, NC cost?
Median Sold Price
$199,500
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Franklinville was $199,500 in May 2024, up 14% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $128K | +220.0% |
2 Bedrooms | $152K | $169.9K | +11.8% |
3 Bedrooms | $250.8K | $220K | -12.3% |
4 Bedrooms | $369K | $95K | -74.3% |
5+ Bedrooms | - | $185K | N/A |
Summary: Franklinville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 220%, 2 bedroom homes increased by 11.8%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes decreased by 74.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Franklinville | $175K | $199.5K | +14.0% |
Ramseur | $210K | $235K | +11.9% |
Franklinville Township | $235K | $246.9K | +5.1% |
Columbia Township | $215.5K | $208K | -3.5% |
Housing Supply in Franklinville, NC
How many homes are available in Franklinville, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Summary: The Franklinville real estate market had 8 homes for sale in May 2024, a 11.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Franklinville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Franklinville in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Franklinville, NC
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Franklinville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.