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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilson's Mills is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wilson's Mills, NC

How much do homes in Wilson's Mills, NC cost?

Median Sold Price

$317,505

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,995(-8.9%)

Key Takeaway

Homes in Wilson's Mills have sold for 8.9% less than they did a year ago.

Summary: The median home sold price in Wilson's Mills was $317,505 in October 2024, down 8.9% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $199K-
N/A
3 $335K$314.2K
-6.2%
4 $385K$375.8K
-2.4%
5+ -$389.5K
N/A

Summary: Wilson's Mills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Smithfield Township
+6.4%
Selma Township
-2.2%
Selma
-7.7%
Wilson Mills Township
-8.1%
Wilson's Mills
-8.9%

Housing Supply in Wilson's Mills, NC

How many homes are available in Wilson's Mills, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2214-36.4%

Summary: The Wilson's Mills real estate market had 14 homes for sale in October 2024, a 36.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1913
-31.6%
4 31
-66.7%
5+ 00
0.0%

Summary: The Wilson's Mills housing inventory by bedroom type for October 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 31.6%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilson's Mills, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wilson's Mills in October 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Wilson's Mills, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days46 Days-32.9%

Summary: Homes in Wilson's Mills had an average of 46 days on market in Oct 2024, down by 32.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wilson's Mills has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Wilson's Mills; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Wilson's Mills, NC

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