$3,266 Closing Credit*
$275,000
1,693 SqFt
3 Beds
•2 Full Baths, 1 Partial
Irene Higginson, Listing Office: Keller Williams Preferred Realty
Is Wakefield Plantation, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Wakefield Plantation was a Seller's Market.
Key Takeaway
Wakefield Plantation is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wakefield Plantation, NC
How much do homes in Wakefield Plantation, NC cost?
Median Sold Price
$450,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$60,000(-11.8%)
Key Takeaway
Homes in Wakefield Plantation have sold for 11.8% less than they did a year ago.
Summary: The median home sold price in Wakefield Plantation was $450,000 in October 2024, down 11.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $282K | -6.0% |
| 2 Bedrooms | $326.5K | $325K | -0.5% |
| 3 Bedrooms | $367.5K | $350K | -4.8% |
| 4 Bedrooms | $671.5K | $589.5K | -12.2% |
| 5+ Bedrooms | $835K | $862.5K | +3.3% |
Summary: Wakefield Plantation housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes increased by 3.3%.
Housing Supply in Wakefield Plantation, NC
How many homes are available in Wakefield Plantation, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 44 | -4.3% |
Summary: The Wakefield Plantation real estate market had 44 homes for sale in October 2024, a 4.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Wakefield Plantation 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 decreased by 8.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wakefield Plantation, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Wakefield Plantation in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 59 Days | +6.0% |
Summary: Homes in Wakefield Plantation had an average of 59 days on market in Oct 2024, up by 6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was 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 October 2024, 5 homes were sold in Wakefield Plantation; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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