$4,358 Closing Credit*
$367,000
1,508 SqFt
3 Beds
•2 Full Baths, 1 Partial
Robert Lumbres, Listing Office: Southern Luxe Realty
Is Walnut Cove, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$270,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,250(+28.7%)
Key Takeaway
Homes in Walnut Cove have sold for 28.7% more than they did a year ago.
Summary: The median home sold price in Walnut Cove was $270,000 in November 2024, up 28.7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165.7K | $202.5K | +22.2% |
| 3 Bedrooms | $218.5K | $290K | +32.7% |
| 4 Bedrooms | $319K | $243.9K | -23.5% |
| 5+ Bedrooms | - | $750K | N/A |
Summary: Walnut Cove housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 32.7%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sauratown Township | $190.2K | $244.9K | +28.8% |
| Walnut Cove | $209.7K | $270K | +28.7% |
Housing Supply in Walnut Cove, NC
How many homes are available in Walnut Cove, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Walnut Cove real estate market had 26 homes for sale in November 2024, a 13.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Walnut Cove 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 100%, 3 bedroom homes increased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walnut Cove, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Walnut Cove in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 151 Days | +806.0% |
Summary: Homes in Walnut Cove had an average of 151 days on market in Nov 2024, up by 806% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Walnut Cove has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Walnut Cove; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
