Is Wilson Mills Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilson Mills Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Wilson Mills Township was a Buyer's Market.

Key Takeaway

Wilson Mills Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wilson Mills Township, NC

How much do homes in Wilson Mills Township, NC cost?

Median Sold Price

$336,807

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$23,092(-6.4%)

Key Takeaway

Homes in Wilson Mills Township have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in Wilson Mills Township was $336,807 in November 2024, down 6.4% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $217K$120K
-44.7%
3 $329.1K$319.5K
-2.9%
4 $389.5K$387K
-0.6%
5+ $505K$490.5K
-2.9%

Summary: Wilson Mills Township 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 44.7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 2.9%.

Median Sold Price Compared To Nearby Cities

Smithfield
+4.9%
Selma Township
-2.6%
Wilson Mills Township
-6.4%
Selma
-7.2%
Wilson's Mills
-8.9%

Housing Supply in Wilson Mills Township, NC

How many homes are available in Wilson Mills Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4440-9.1%

Summary: The Wilson Mills Township real estate market had 40 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 2625
-3.8%
4 109
-10.0%
5+ 85
-37.5%

Summary: The Wilson Mills Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilson Mills Township, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Wilson Mills Township in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 56% were sold at asking, and 33% were sold over asking.

Days on Market for Wilson Mills Township, NC

How long does it take to sell a home in Wilson Mills Township, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days60 Days+25.9%

Summary: Homes in Wilson Mills Township had an average of 60 days on market in Nov 2024, up by 25.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wilson Mills Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in Wilson Mills Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Wilson Mills Township, NC

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