$5,195 Closing Credit*
$437,500
2,582 SqFt
3 Beds
•2 Full Baths, 1 Partial
Allison Caudle, Listing Office: Southern Lux Living
Is Knightdale, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$410,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,565(+10.7%)
Key Takeaway
Homes in Knightdale have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Knightdale was $410,000 in November 2024, up 10.7% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $237K | $242.5K | +2.3% |
| 3 Bedrooms | $330K | $330K | 0.0% |
| 4 Bedrooms | $429.9K | $484.5K | +12.7% |
| 5+ Bedrooms | $538.4K | $572.7K | +6.4% |
Summary: Knightdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Cities
| Knightdale | $370.4K | $410K | +10.7% |
| Raleigh | $416.2K | $448.4K | +7.7% |
| Saint Matthews Township | $365K | $372.3K | +2.0% |
| Marks Creek Township | $399.9K | $394.5K | -1.3% |
Housing Supply in Knightdale, NC
How many homes are available in Knightdale, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 137 | 118 | -13.9% |
Summary: The Knightdale real estate market had 118 homes for sale in November 2024, a 13.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 58 | 55 | -5.2% |
| 4 Bedrooms | 46 | 36 | -21.7% |
| 5+ Bedrooms | 31 | 25 | -19.4% |
Summary: The Knightdale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes decreased by 19.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 32 | -5.9% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Knightdale, you may be able to get a good deal. 71.9% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Knightdale in November 2024, down by 5.9% month-over-month. Of the 32 sold homes, 72% were sold under asking, 19% were sold at asking, and 9% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 85 Days | 42 Days | -50.0% |
Summary: Homes in Knightdale had an average of 42 days on market in Nov 2024, down by 50% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 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 November 2024, 32 homes were sold in Knightdale; 59% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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