Is Kenansville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenansville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Kenansville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Kenansville, NC

How much do homes in Kenansville, NC cost?

Median Sold Price

$270,000

$141/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$20,100(+8.0%)

Key Takeaway

Homes in Kenansville have sold for 8% more than they did a month ago.

Summary: The median home sold price in Kenansville was $270,000 in May 2024, up 8% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $249.9K-
N/A
3 -$270K
N/A
4 --
N/A
5+ --
N/A

Summary: Kenansville housing prices by bedroom type for May 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kenansville
+8.0%
Kenansville Township
+8.0%

Housing Supply in Kenansville, NC

How many homes are available in Kenansville, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
550.0%

Summary: The Kenansville real estate market had 5 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 10
-100.0%
3 11
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Kenansville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenansville, 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 Kenansville in May 2024, the same as the previous 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 Kenansville, NC

How long does it take to sell a home in Kenansville, NC?

Average Sale Time

Apr 2024May 2024CHANGE
38 Days52 Days+36.8%

Summary: Homes in Kenansville had an average of 52 days on market in May 2024, up by 36.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Kenansville has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Kenansville; 0% of homes were sold within 30 days, 100% 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 1 Day Ago

Newest Listings in Kenansville, NC

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