Is Trent Woods, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trent Woods is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Trent Woods has remained a Seller's Market.

Key Takeaway

Trent Woods is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Trent Woods, NC

How much do homes in Trent Woods, NC cost?

Median Sold Price

$425,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,500(+5.6%)

Key Takeaway

Homes in Trent Woods have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Trent Woods was $425,000 in October 2024, up 5.6% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $227.5K-
N/A
3 $321.5K$346.2K
+7.7%
4 $450K$507.5K
+12.8%
5+ $620K$631K
+1.8%

Summary: Trent Woods housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Cities

New Bern
+6.3%
Trent Woods
+5.6%

Housing Supply in Trent Woods, NC

How many homes are available in Trent Woods, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2124+14.3%

Summary: The Trent Woods real estate market had 24 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1720
+17.6%
4 44
0.0%
5+ 00
0.0%

Summary: The Trent Woods 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 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trent Woods, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Trent Woods in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Trent Woods, NC

How long does it take to sell a home in Trent Woods, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days9 Days-83.8%

Summary: Homes in Trent Woods had an average of 9 days on market in Oct 2024, down by 83.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Trent Woods are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Trent Woods; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Trent Woods, NC

Nearby Markets to Trent Woods, NC

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