$3,741 Closing Credit*
$315,000
1,488 SqFt
3 Beds
•2 Full Baths
Donya Clark, Listing Office: Front Porch Realty
Is Fuquay-Varina, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Fuquay-Varina has remained a Seller's Market.
Key Takeaway
Fuquay-Varina is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fuquay-Varina, NC
How much do homes in Fuquay-Varina, NC cost?
Median Sold Price
$439,578
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,701(+3.5%)
Key Takeaway
Homes in Fuquay-Varina have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Fuquay-Varina was $439,578 in November 2024, up 3.5% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $303K | $346.5K | +14.4% |
| 3 Bedrooms | $394.9K | $390K | -1.3% |
| 4 Bedrooms | $450K | $480K | +6.7% |
| 5+ Bedrooms | $574.9K | $609.9K | +6.1% |
Summary: Fuquay-Varina housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.4%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
| Holly Springs Township | $564.9K | $615K | +8.9% |
| Middle Creek Township | $469.9K | $507.5K | +8.0% |
| Fuquay-Varina | $424.8K | $439.5K | +3.5% |
| Fuquay Varina | $445.4K | $460K | +3.3% |
| Willow Spring | $420.7K | $428K | +1.7% |
Housing Supply in Fuquay-Varina, NC
How many homes are available in Fuquay-Varina, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 139 | 127 | -8.6% |
Summary: The Fuquay-Varina real estate market had 127 homes for sale in November 2024, a 8.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 61 | 57 | -6.6% |
| 4 Bedrooms | 62 | 56 | -9.7% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Fuquay-Varina housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 25 | -43.2% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fuquay-Varina, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Fuquay-Varina in November 2024, down by 43.2% month-over-month. Of the 25 sold homes, 80% were sold under asking, 4% were sold at asking, and 16% were sold over asking.
Days on Market for Fuquay-Varina, NC
How long does it take to sell a home in Fuquay-Varina, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 60 Days | -13.8% |
Summary: Homes in Fuquay-Varina had an average of 60 days on market in Nov 2024, down by 13.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fuquay-Varina has remained consistent over time.
Summary: During November 2024, 25 homes were sold in Fuquay-Varina; 32% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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