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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walkertown is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Walkertown has remained a Neutral Market.

Key Takeaway

Walkertown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Walkertown, NC

How much do homes in Walkertown, NC cost?

Median Sold Price

$295,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$21,500(-6.8%)

Key Takeaway

Homes in Walkertown have sold for 6.8% less than they did a year ago.

Summary: The median home sold price in Walkertown was $295,000 in October 2024, down 6.8% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $190K$168K
-11.6%
3 $265K$274.9K
+3.7%
4 $377K$349.9K
-7.2%
5+ $384.5K$405K
+5.3%

Summary: Walkertown 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 decreased by 11.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Cities

Salem Chapel Township
+12.0%
Kernersville Township
+0.9%
Walkertown
-6.8%
Middle Fork II Township
-7.2%

Housing Supply in Walkertown, NC

How many homes are available in Walkertown, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3936-7.7%

Summary: The Walkertown real estate market had 36 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 77
0.0%
3 2021
+5.0%
4 85
-37.5%
5+ 32
-33.3%

Summary: The Walkertown 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 5%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
126-50.0%

Asking Price vs. Sold Price

5 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 Walkertown, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Walkertown in October 2024, down by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Walkertown, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days30 Days-19.9%

Summary: Homes in Walkertown had an average of 30 days on market in Oct 2024, down by 19.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Walkertown; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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

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