$8,894 Closing Credit*
$749,000
2,140 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: Keller Williams Professionals
Is Oakley, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Oakley has remained a Neutral Market.
Key Takeaway
Oakley 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 Oakley, NC
How much do homes in Oakley, NC cost?
Median Sold Price
$415,000
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+3.8%)
Key Takeaway
Homes in Oakley have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Oakley was $415,000 in October 2024, up 3.8% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222.5K | $230K | +3.4% |
| 2 Bedrooms | $325.5K | $319K | -2.0% |
| 3 Bedrooms | $425.2K | $442.5K | +4.1% |
| 4 Bedrooms | $487.5K | $520K | +6.7% |
| 5+ Bedrooms | $470K | $572K | +21.7% |
Summary: Oakley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 21.7%.
Housing Supply in Oakley, NC
How many homes are available in Oakley, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 26 | -10.3% |
Summary: The Oakley real estate market had 26 homes for sale in October 2024, a 10.3% 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 | 6 | 3 | -50.0% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Oakley 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 decreased by 50%, 3 bedroom homes decreased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Oakley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Oakley in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Oakley, NC
How long does it take to sell a home in Oakley, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 41 Days | -48.0% |
Summary: Homes in Oakley had an average of 41 days on market in Oct 2024, down by 48% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oakley are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Oakley; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.