$6,757 Closing Credit*
$569,000
1,749 SqFt
4 Beds
•2 Full Baths
Listing Office: Premier Real Estate Team Inc.
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
Since last month, Wilmore has remained a Seller's Market.
Key Takeaway
Wilmore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wilmore, NC
How much do homes in Wilmore, NC cost?
Median Sold Price
$712,250
$374/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$57,300(+8.7%)
Key Takeaway
Homes in Wilmore have sold for 8.7% more than they did a month ago.
Summary: The median home sold price in Wilmore was $712,250 in October 2024, up 8.7% from last month, and the median price per square foot was $374.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $575K | - | N/A |
| 2 Bedrooms | $485K | $600K | +23.7% |
| 3 Bedrooms | $649.9K | $692.5K | +6.6% |
| 4 Bedrooms | $937.5K | $740K | -21.1% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: Wilmore 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 increased by 23.7%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes did not change.
Housing Supply in Wilmore, NC
How many homes are available in Wilmore, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 22 | -26.7% |
Summary: The Wilmore real estate market had 22 homes for sale in October 2024, a 26.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 7 | 2 | -71.4% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Wilmore housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 71.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 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. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Wilmore in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 48 Days | +23.4% |
Summary: Homes in Wilmore had an average of 48 days on market in Oct 2024, up by 23.4% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wilmore has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Wilmore; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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