$5,047 Closing Credit*
$425,000
1,871 SqFt
4 Beds
•2 Full Baths, 1 Partial
Sherri Warta, Listing Office: eXp Realty, LLC - C
Is Wakefield Plantation, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Wakefield Plantation has remained a Seller's Market.
Key Takeaway
Wakefield Plantation is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wakefield Plantation, NC
How much do homes in Wakefield Plantation, NC cost?
Median Sold Price
$479,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$19,000(-3.8%)
Key Takeaway
Homes in Wakefield Plantation have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Wakefield Plantation was $479,000 in November 2024, down 3.8% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $282K | -6.0% |
| 2 Bedrooms | $371K | $325K | -12.4% |
| 3 Bedrooms | $375K | $345.9K | -7.8% |
| 4 Bedrooms | $668K | $615K | -7.9% |
| 5+ Bedrooms | $870K | $862.5K | -0.9% |
Summary: Wakefield Plantation housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 0.9%.
Housing Supply in Wakefield Plantation, NC
How many homes are available in Wakefield Plantation, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 40 | -7.0% |
Summary: The Wakefield Plantation real estate market had 40 homes for sale in November 2024, a 7.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Wakefield Plantation housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wakefield Plantation, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Wakefield Plantation in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Wakefield Plantation, NC
How long does it take to sell a home in Wakefield Plantation, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 129 Days | 49 Days | -61.5% |
Summary: Homes in Wakefield Plantation had an average of 49 days on market in Nov 2024, down by 61.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wakefield Plantation are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Wakefield Plantation; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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