$5,641 Closing Credit*
$475,000
2,077 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jessica Hunt, Listing Office: Hunt For Homes 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 November 2023
At the same time last year, Wendell Falls was a Buyer's 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
$500,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+6.4%)
Key Takeaway
Homes in Wendell Falls have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Wendell Falls was $500,000 in November 2024, up 6.4% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $486.5K | $456.4K | -6.2% |
| 3 Bedrooms | $449K | $464.8K | +3.5% |
| 4 Bedrooms | $496K | $577K | +16.3% |
| 5+ Bedrooms | $584.3K | $566.5K | -3.1% |
Summary: Wendell Falls 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 decreased by 6.2%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes decreased by 3.1%.
Housing Supply in Wendell Falls, NC
How many homes are available in Wendell Falls, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 74 | -17.8% |
Summary: The Wendell Falls real estate market had 74 homes for sale in November 2024, a 17.8% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 50 | 43 | -14.0% |
| 4 Bedrooms | 36 | 30 | -16.7% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Wendell Falls 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 decreased by 66.7%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 11 | -56.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wendell Falls, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Wendell Falls in November 2024, down by 56.0% month-over-month. Of the 11 sold homes, 18% were sold under asking, 64% were sold at asking, and 18% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 88 Days | 29 Days | -67.0% |
Summary: Homes in Wendell Falls had an average of 29 days on market in Nov 2024, down by 67% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wendell Falls are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Wendell Falls; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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