Is Trenton, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trenton is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Trenton, NC

How much do homes in Trenton, NC cost?

Median Sold Price

$299,500

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$57,500(+23.8%)

Key Takeaway

Homes in Trenton have sold for 23.8% more than they did a year ago.

Summary: The median home sold price in Trenton was $299,500 in October 2024, up 23.8% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K-
N/A
2 $63K$132.5K
+110.3%
3 $261.5K$342.4K
+31.0%
4 $225K$269K
+19.6%
5+ --
N/A

Summary: Trenton 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 increased by 110.3%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes did not change.

Housing Supply in Trenton, NC

How many homes are available in Trenton, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1817-5.6%

Summary: The Trenton real estate market had 17 homes for sale in October 2024, a 5.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1515
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Trenton 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trenton, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Trenton in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Trenton, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days115 Days+3741.7%

Summary: Homes in Trenton had an average of 115 days on market in Oct 2024, up by 3741.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Trenton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Trenton; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

Newest Listings in Trenton, NC

Nearby Markets to Trenton, NC