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 December 2023

Since last year, Wilson Mills Township has remained a Seller'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

$348,500

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$1,500(-0.4%)

Key Takeaway

The sold price of homes in Wilson Mills Township has remained the same since last year.

Summary: The median home sold price in Wilson Mills Township was $348,500 in December 2024, down 0.4% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $217K$120K
-44.7%
3 $320K$320K
0.0%
4 $388.6K$393.3K
+1.2%
5+ $435K$475.4K
+9.3%

Summary: Wilson Mills Township housing prices by bedroom type for December 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 did not change, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 9.3%.

Median Sold Price Compared To Nearby Cities

Smithfield
+3.2%
Wilson Mills Township
-0.4%
Wilson's Mills
-1.6%
Selma Township
-2.3%
Selma
-4.5%

Housing Supply in Wilson Mills Township, NC

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

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4232-23.8%

Summary: The Wilson Mills Township real estate market had 32 homes for sale in December 2024, a 23.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 00
0.0%
3 2519
-24.0%
4 107
-30.0%
5+ 65
-16.7%

Summary: The Wilson Mills Township housing inventory by bedroom type for December 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 24%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilson Mills Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Wilson Mills Township in December 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% 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

Dec 2023Dec 2024CHANGE
115 Days53 Days-54.1%

Summary: Homes in Wilson Mills Township had an average of 53 days on market in Dec 2024, down by 54.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 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 December 2024, 7 homes were sold in Wilson Mills Township; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 4 Days Ago

Newest Listings in Wilson Mills Township, NC

Nearby Markets to Wilson Mills Township, NC

What housing markets are near Wilson Mills Township, NC?