$3,799 Closing Credit*
$319,900
1,971 SqFt
3 Beds
•2 Full Baths, 1 Partial
MEAGAN PERRY, Listing Office: INTEGRA REALTY
Is Lillington, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$350,066
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,066(+7.7%)
Key Takeaway
Homes in Lillington have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Lillington was $350,066 in October 2024, up 7.7% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99.5K | $70K | -29.6% |
| 2 Bedrooms | $177.5K | $206.7K | +16.5% |
| 3 Bedrooms | $289K | $314.8K | +8.9% |
| 4 Bedrooms | $366.4K | $379K | +3.4% |
| 5+ Bedrooms | $448K | $434K | -3.1% |
Summary: Lillington housing prices by bedroom type for October 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 8.9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Cities
| Lillington | $325K | $350K | +7.7% |
| Lillington Township | $329.8K | $354.7K | +7.5% |
| Neills Creek Township | $359.9K | $379.9K | +5.6% |
| Stewarts Creek Township | $295K | $297.5K | +0.8% |
| Bunnlevel | $289.5K | $286.5K | -1.0% |
Housing Supply in Lillington, NC
How many homes are available in Lillington, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 207 | 203 | -1.9% |
Summary: The Lillington real estate market had 203 homes for sale in October 2024, a 1.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 87 | 92 | +5.7% |
| 4 Bedrooms | 104 | 93 | -10.6% |
| 5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The Lillington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 30 | +7.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lillington, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.
Summary: A total of 30 homes were sold or pending in Lillington in October 2024, up by 7.1% month-over-month. Of the 30 sold homes, 40% were sold under asking, 47% were sold at asking, and 13% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 71 Days | 77 Days | +9.6% |
Summary: Homes in Lillington had an average of 77 days on market in Oct 2024, up by 9.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lillington are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in Lillington; 37% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
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