$5,106 Closing Credit*
$430,000
1,851 SqFt
3 Beds
•2 Full Baths, 1 Partial
Don Gomez, Listing Office: C-A-RE Realty
Is Wendell, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Wendell has remained a Seller's Market.
Key Takeaway
Wendell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wendell, NC
How much do homes in Wendell, NC cost?
Median Sold Price
$401,841
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,058(-1.7%)
Key Takeaway
Homes in Wendell have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Wendell was $401,841 in November 2024, down 1.7% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160.3K | N/A |
| 2 Bedrooms | $356K | $366K | +2.8% |
| 3 Bedrooms | $398.6K | $368.2K | -7.6% |
| 4 Bedrooms | $445.9K | $425K | -4.7% |
| 5+ Bedrooms | $510.8K | $425.9K | -16.6% |
Summary: Wendell 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 2.8%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 16.6%.
Median Sold Price Compared To Nearby Cities
| Marks Creek Township | $399.9K | $394.5K | -1.3% |
| Wendell | $408.9K | $401.8K | -1.7% |
Housing Supply in Wendell, NC
How many homes are available in Wendell, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 271 | 230 | -15.1% |
Summary: The Wendell real estate market had 230 homes for sale in November 2024, a 15.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 154 | 131 | -14.9% |
| 4 Bedrooms | 90 | 81 | -10.0% |
| 5+ Bedrooms | 19 | 10 | -47.4% |
Summary: The Wendell 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 remained the same, 3 bedroom homes decreased by 14.9%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 47.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 50 | -23.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wendell, expect to pay close to the asking price. 52% of homes here sold near the asking price last month.
Summary: A total of 50 homes were sold or pending in Wendell in November 2024, down by 23.1% month-over-month. Of the 50 sold homes, 34% were sold under asking, 52% were sold at asking, and 14% were sold over asking.
Days on Market for Wendell, NC
How long does it take to sell a home in Wendell, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 77 Days | 47 Days | -38.9% |
Summary: Homes in Wendell had an average of 47 days on market in Nov 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wendell are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 50 homes were sold in Wendell; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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