$10,000 Closing Credit*
$1,500,000
2,200 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: JS Premier Real Estate
Is Wilmore, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Wilmore was a Seller's Market.
Key Takeaway
Wilmore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wilmore, NC
How much do homes in Wilmore, NC cost?
Median Sold Price
$360,000
$224/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$352,250(-49.5%)
Key Takeaway
Homes in Wilmore have sold for 49.5% less than they did a month ago.
Summary: The median home sold price in Wilmore was $360,000 in November 2024, down 49.5% from last month, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $600K | - | N/A |
| 3 Bedrooms | $692.5K | $360K | -48.0% |
| 4 Bedrooms | $740K | - | N/A |
| 5+ Bedrooms | $1.1M | - | N/A |
Summary: Wilmore housing prices by bedroom type for November 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 decreased by 48%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| South End | $285.6K | $445K | +55.8% |
| Wilmore | $712.2K | $360K | -49.5% |
Housing Supply in Wilmore, NC
How many homes are available in Wilmore, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Summary: The Wilmore real estate market had 17 homes for sale in November 2024, a 10.5% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Wilmore 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 50%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 1 | -87.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wilmore, 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 Wilmore in November 2024, down by 87.5% 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 Wilmore, NC
How long does it take to sell a home in Wilmore, NC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 20 Days | -58.3% |
Summary: Homes in Wilmore had an average of 20 days on market in Nov 2024, down by 58.3% 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
Key Takeaway
Many homes in Wilmore are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Wilmore; 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.
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