Is Kenilworth, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenilworth is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Kenilworth has remained a Buyer's Market.

Key Takeaway

Kenilworth is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kenilworth, NC

How much do homes in Kenilworth, NC cost?

Median Sold Price

$729,500

$376/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$182,250(+33.3%)

Key Takeaway

Homes in Kenilworth have sold for 33.3% more than they did a year ago.

Summary: The median home sold price in Kenilworth was $729,500 in November 2024, up 33.3% from last year, and the median price per square foot was $376.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $289.7K$285K
-1.6%
2 $420K$388K
-7.6%
3 $615K$772.5K
+25.6%
4 $789K$1.0M
+26.7%
5+ $1.2M$880.8K
-28.7%

Summary: Kenilworth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 7.6%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes decreased by 28.7%.

Housing Supply in Kenilworth, NC

How many homes are available in Kenilworth, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1930+57.9%

Summary: The Kenilworth real estate market had 30 homes for sale in November 2024, a 57.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 35
+66.7%
2 23
+50.0%
3 69
+50.0%
4 812
+50.0%
5+ 01
+100.0%

Summary: The Kenilworth housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenilworth, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kenilworth in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kenilworth, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days21 Days-20.8%

Summary: Homes in Kenilworth had an average of 21 days on market in Nov 2024, down by 20.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Kenilworth; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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