$4,511 Closing Credit*
$379,900
1,829 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100476924, Listing Office: RE/MAX Southland Realty II
Is Fuquay-Varina, 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, 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
$439,951
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,400(+3.6%)
Key Takeaway
Homes in Fuquay-Varina have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Fuquay-Varina was $439,951 in October 2024, up 3.6% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $316K | +1.9% |
| 3 Bedrooms | $392K | $390K | -0.5% |
| 4 Bedrooms | $449K | $490.2K | +9.2% |
| 5+ Bedrooms | $574.9K | $592K | +3.0% |
Summary: Fuquay-Varina housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
| Holly Springs Township | $567.5K | $610K | +7.5% |
| Middle Creek Township | $470K | $499.9K | +6.4% |
| Fuquay-Varina | $424.5K | $439.9K | +3.6% |
| Fuquay Varina | $444.7K | $460.3K | +3.5% |
| Willow Spring | $420.2K | $427.9K | +1.8% |
Housing Supply in Fuquay-Varina, NC
How many homes are available in Fuquay-Varina, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 159 | 135 | -15.1% |
Summary: The Fuquay-Varina real estate market had 135 homes for sale in October 2024, a 15.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 72 | 59 | -18.1% |
| 4 Bedrooms | 66 | 60 | -9.1% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Fuquay-Varina 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 decreased by 33.3%, 3 bedroom homes decreased by 18.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 45 | -2.2% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 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. 60% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in Fuquay-Varina in October 2024, down by 2.2% month-over-month. Of the 45 sold homes, 60% were sold under asking, 22% were sold at asking, and 18% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 30 Days | -57.6% |
Summary: Homes in Fuquay-Varina had an average of 30 days on market in Oct 2024, down by 57.6% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fuquay-Varina are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 45 homes were sold in Fuquay-Varina; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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