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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warrenton is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Warrenton was a Seller's Market.

Key Takeaway

Warrenton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Warrenton, NC

How much do homes in Warrenton, NC cost?

Median Sold Price

$111,000

$194/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$89,000(-44.5%)

Key Takeaway

Homes in Warrenton have sold for 44.5% less than they did a month ago.

Summary: The median home sold price in Warrenton was $111,000 in October 2024, down 44.5% from last month, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$111K
N/A
3 $130K-
N/A
4 $518.5K-
N/A
5+ $200K-
N/A

Summary: Warrenton housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Warrenton
-44.5%
Warrenton Township
-48.5%

Housing Supply in Warrenton, NC

How many homes are available in Warrenton, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1514-6.7%

Summary: The Warrenton real estate market had 14 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 89
+12.5%
4 32
-33.3%
5+ 21
-50.0%

Summary: The Warrenton 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 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warrenton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Warrenton in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Warrenton, NC

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

Average Sale Time

Sep 2024Oct 2024CHANGE
40 Days26 Days-35.0%

Summary: Homes in Warrenton had an average of 26 days on market in Oct 2024, down by 35% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Warrenton; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Warrenton, NC

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