$1,781 Closing Credit*
$150,000
1,132 SqFt
2 Beds
•1 Full Bath
Claire P Brann, Listing Office: RE/MAX Premier Realty
Is Person County, 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, Person County has remained a Seller's Market.
Key Takeaway
Person County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Person County, NC
How much do homes in Person County, NC cost?
Median Sold Price
$316,950
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,975(+11.2%)
Key Takeaway
Homes in Person County have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Person County was $316,950 in October 2024, up 11.2% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171K | $215K | +25.7% |
| 2 Bedrooms | $161K | $205K | +27.3% |
| 3 Bedrooms | $290K | $320K | +10.3% |
| 4 Bedrooms | $304.9K | $335K | +9.9% |
| 5+ Bedrooms | $359.9K | $337.5K | -6.2% |
Summary: Person County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.7%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 6.2%.
Median Sold Price Compared To Nearby Counties
| Person County | $284.9K | $316.9K | +11.2% |
| Durham County | $405.2K | $422.6K | +4.3% |
| Granville County | $318.1K | $325K | +2.1% |
| Caswell County | $264.7K | $241.5K | -8.8% |
Housing Supply in Person County, NC
How many homes are available in Person County, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 112 | 111 | -0.9% |
Summary: The Person County real estate market had 111 homes for sale in October 2024, a 0.9% 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 | 20 | 16 | -20.0% |
| 3 Bedrooms | 72 | 77 | +6.9% |
| 4 Bedrooms | 19 | 15 | -21.1% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Person County 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 20%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Person County, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Person County in October 2024, down by 20.8% month-over-month. Of the 19 sold homes, 63% were sold under asking, 16% were sold at asking, and 21% were sold over asking.
Days on Market for Person County, NC
How long does it take to sell a home in Person County, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 47 Days | -30.9% |
Summary: Homes in Person County had an average of 47 days on market in Oct 2024, down by 30.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Person County has remained consistent over time.
Summary: During October 2024, 19 homes were sold in Person County; 37% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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