$3,919 Closing Credit*
$330,000
1,860 SqFt
3 Beds
•2 Full Baths
Petra Thomas, Listing Office: EXP Realty LLC
Is Knightdale, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Knightdale has remained a Seller's Market.
Key Takeaway
Knightdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Knightdale, NC
How much do homes in Knightdale, NC cost?
Median Sold Price
$416,388
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$44,138(+11.9%)
Key Takeaway
Homes in Knightdale have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Knightdale was $416,388 in December 2024, up 11.9% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $242.5K | $241.5K | -0.4% |
| 3 Bedrooms | $332K | $330K | -0.6% |
| 4 Bedrooms | $427K | $497K | +16.4% |
| 5+ Bedrooms | $546.8K | $568.2K | +3.9% |
Summary: Knightdale housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Knightdale | $372.2K | $416.3K | +11.9% |
| Raleigh | $421.4K | $449.9K | +6.8% |
| Saint Matthews Township | $368.5K | $374K | +1.5% |
| Marks Creek Township | $399.2K | $397.8K | -0.3% |
Housing Supply in Knightdale, NC
How many homes are available in Knightdale, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 119 | 94 | -21.0% |
Summary: The Knightdale real estate market had 94 homes for sale in December 2024, a 21.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 55 | 44 | -20.0% |
| 4 Bedrooms | 37 | 29 | -21.6% |
| 5+ Bedrooms | 24 | 19 | -20.8% |
Summary: The Knightdale housing inventory by bedroom type for December 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 20%, 4 bedroom homes decreased by 21.6%, and 5+ bedroom homes decreased by 20.8%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 33 | 31 | -6.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Knightdale, expect to pay close to the asking price. 48.4% of homes here sold near the asking price last month.
Summary: A total of 31 homes were sold or pending in Knightdale in December 2024, down by 6.1% month-over-month. Of the 31 sold homes, 42% were sold under asking, 48% were sold at asking, and 10% were sold over asking.
Days on Market for Knightdale, NC
How long does it take to sell a home in Knightdale, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 86 Days | 32 Days | -61.7% |
Summary: Homes in Knightdale had an average of 32 days on market in Dec 2024, down by 61.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Knightdale are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 31 homes were sold in Knightdale; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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