Is Johnston County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnston County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Johnston County, NC

How much do homes in Johnston County, NC cost?

Median Sold Price

$349,928

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$277(+0.1%)

Key Takeaway

The sold price of homes in Johnston County has remained the same since last year.

Summary: The median home sold price in Johnston County was $349,928 in October 2024, up 0.1% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $178K$168.5K
-5.3%
2 $225.5K$229.9K
+2.0%
3 $319.2K$324.6K
+1.7%
4 $411.8K$419.9K
+2.0%
5+ $486K$507K
+4.3%

Summary: Johnston County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.3%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Counties

Wilson County
+5.9%
Harnett County
+4.5%
Wayne County
+4.0%
Wake County
+3.9%
Johnston County
0.1%

Housing Supply in Johnston County, NC

How many homes are available in Johnston County, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
912928+1.8%

Summary: The Johnston County real estate market had 928 homes for sale in October 2024, a 1.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 5552
-5.5%
3 569599
+5.3%
4 239230
-3.8%
5+ 4947
-4.1%

Summary: The Johnston 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 decreased by 5.5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 4.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
155195+25.8%

Asking Price vs. Sold Price

92 Homes Were Sold
Under Asking

77 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnston County, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.

Summary: A total of 195 homes were sold or pending in Johnston County in October 2024, up by 25.8% month-over-month. Of the 195 sold homes, 47% were sold under asking, 39% were sold at asking, and 13% were sold over asking.

Days on Market for Johnston County, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
82 Days52 Days-36.1%

Summary: Homes in Johnston County had an average of 52 days on market in Oct 2024, down by 36.1% compared to last year.

Breakdown of Home Sale Times

91 Homes Were Sold
Under 30 Days

73 Homes Were Sold
In 30 - 90 Days

31 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 195 homes were sold in Johnston County; 47% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 16% 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 20 Days Ago

Newest Listings in Johnston County, NC

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