$2,850 Closing Credit*
$240,000
1,860 SqFt
2 Beds
•2 Full Baths
Kirsten Ririe, Listing Office: Leonard Ryden Burr Real Estate
Is Walnut Cove, 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, Walnut Cove was a Seller's Market.
Key Takeaway
Walnut Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Walnut Cove, NC
How much do homes in Walnut Cove, NC cost?
Median Sold Price
$255,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+21.4%)
Key Takeaway
Homes in Walnut Cove have sold for 21.4% more than they did a year ago.
Summary: The median home sold price in Walnut Cove was $255,000 in October 2024, up 21.4% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $167.2K | $132.5K | -20.8% |
| 3 Bedrooms | $221.7K | $280K | +26.3% |
| 4 Bedrooms | $319K | $243.9K | -23.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Walnut Cove 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 20.8%, 3 bedroom homes increased by 26.3%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Walnut Cove | $210K | $255K | +21.4% |
| Sauratown Township | $197.5K | $229.9K | +16.5% |
Housing Supply in Walnut Cove, NC
How many homes are available in Walnut Cove, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Summary: The Walnut Cove real estate market had 22 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 | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Walnut Cove 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 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Walnut Cove, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Walnut Cove in October 2024, down by 75.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Walnut Cove, NC
How long does it take to sell a home in Walnut Cove, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 1 Day | -97.0% |
Summary: Homes in Walnut Cove had an average of 1 days on market in Oct 2024, down by 97% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walnut Cove are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Walnut Cove; 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.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.