$10,000 Closing Credit*
$875,000
1,740 SqFt
4 Beds
•2 Full Baths, 1 Partial
Stephanie Schuller, Listing Office: JAKS Development Group LLC
Is Lillington, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lillington was a Buyer's Market.
Key Takeaway
Lillington is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lillington, NC
How much do homes in Lillington, NC cost?
Median Sold Price
$349,500
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,500(+7.5%)
Key Takeaway
Homes in Lillington have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Lillington was $349,500 in November 2024, up 7.5% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99.5K | $70K | -29.6% |
| 2 Bedrooms | $177.5K | $206.7K | +16.5% |
| 3 Bedrooms | $287.2K | $313.8K | +9.3% |
| 4 Bedrooms | $368.1K | $379.9K | +3.2% |
| 5+ Bedrooms | $446.8K | $450K | +0.7% |
Summary: Lillington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.6%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Cities
| Lillington | $325K | $349.5K | +7.5% |
| Lillington Township | $329.7K | $350.8K | +6.4% |
| Neills Creek Township | $359.9K | $379K | +5.3% |
| Stewarts Creek Township | $304.9K | $299K | -1.9% |
| Bunnlevel | $294.5K | $287K | -2.5% |
Housing Supply in Lillington, NC
How many homes are available in Lillington, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 200 | 190 | -5.0% |
Summary: The Lillington real estate market had 190 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 91 | 88 | -3.3% |
| 4 Bedrooms | 94 | 86 | -8.5% |
| 5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The Lillington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 28 | -15.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lillington, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Lillington in November 2024, down by 15.2% month-over-month. Of the 28 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.
Days on Market for Lillington, NC
How long does it take to sell a home in Lillington, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 98 Days | +40.6% |
Summary: Homes in Lillington had an average of 98 days on market in Nov 2024, up by 40.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Lillington are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 28 homes were sold in Lillington; 21% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 61% of homes were sold over 90 days.
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