$2,969 Closing Credit*
$250,000
1,077 SqFt
3 Beds
•2 Full Baths
Julie S. Colquitt, Listing Office: Sylvan 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 September 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
$402,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$33,000(+8.9%)
Key Takeaway
Homes in Knightdale have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Knightdale was $402,000 in September 2024, up 8.9% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $240K | -2.0% |
| 3 Bedrooms | $329K | $349.9K | +6.4% |
| 4 Bedrooms | $425K | $475K | +11.8% |
| 5+ Bedrooms | $546.3K | $572.8K | +4.9% |
Summary: Knightdale housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Cities
| Knightdale | $369K | $402K | +8.9% |
| Raleigh | $415.2K | $440.5K | +6.1% |
| Saint Matthews Township | $364.9K | $370.3K | +1.5% |
| Marks Creek Township | $400K | $389.9K | -2.5% |
Housing Supply in Knightdale, NC
How many homes are available in Knightdale, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 125 | 115 | -8.0% |
Summary: The Knightdale real estate market had 115 homes for sale in September 2024, a 8.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 54 | 53 | -1.9% |
| 4 Bedrooms | 45 | 37 | -17.8% |
| 5+ Bedrooms | 25 | 23 | -8.0% |
Summary: The Knightdale housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes decreased by 8%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 31 | 25 | -19.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Knightdale, expect to pay close to the asking price. 56% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in Knightdale in September 2024, down by 19.4% month-over-month. Of the 25 sold homes, 36% were sold under asking, 56% were sold at asking, and 8% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 53 Days | 29 Days | -44.0% |
Summary: Homes in Knightdale had an average of 29 days on market in Sep 2024, down by 44% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 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 September 2024, 25 homes were sold in Knightdale; 64% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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