$5,639 Closing Credit*
$474,900
2,020 SqFt
3 Beds
•2 Full Baths, 1 Partial
David Gillett, Listing Office: NorthGroup Real Estate, Inc.
Is Wendell Falls, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Wendell Falls has remained a Neutral Market.
Key Takeaway
Wendell Falls 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 Wendell Falls, NC
How much do homes in Wendell Falls, NC cost?
Median Sold Price
$489,900
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$19,900(+4.2%)
Key Takeaway
Homes in Wendell Falls have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Wendell Falls was $489,900 in September 2024, up 4.2% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $486.5K | $440K | -9.6% |
| 3 Bedrooms | $447K | $450K | +0.7% |
| 4 Bedrooms | $490.1K | $554.9K | +13.2% |
| 5+ Bedrooms | $610K | $569.9K | -6.6% |
Summary: Wendell Falls housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.6%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 6.6%.
Housing Supply in Wendell Falls, NC
How many homes are available in Wendell Falls, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 101 | 91 | -9.9% |
Summary: The Wendell Falls real estate market had 91 homes for sale in September 2024, a 9.9% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 57 | 50 | -12.3% |
| 4 Bedrooms | 34 | 31 | -8.8% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Wendell Falls housing inventory by bedroom type for September 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 12.3%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 24 | 14 | -41.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wendell Falls, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Wendell Falls in September 2024, down by 41.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 36% were sold at asking, and 7% were sold over asking.
Days on Market for Wendell Falls, NC
How long does it take to sell a home in Wendell Falls, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 166 Days | 124 Days | -25.2% |
Summary: Homes in Wendell Falls had an average of 124 days on market in Sep 2024, down by 25.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Wendell Falls are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 14 homes were sold in Wendell Falls; 36% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
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