Is Walkertown, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Walkertown has remained a Seller's Market.
Key Takeaway
Walkertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walkertown, NC
How much do homes in Walkertown, NC cost?
Median Sold Price
$301,500
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Walkertown have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Walkertown was $301,500 in May 2024, down 1.1% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $193K | $158.5K | -17.9% |
| 3 Bedrooms | $279K | $269.1K | -3.5% |
| 4 Bedrooms | $380K | $359K | -5.5% |
| 5+ Bedrooms | $387.2K | $386.7K | -0.1% |
Summary: Walkertown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.9%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Cities
| Kernersville Township | $324.7K | $339.3K | +4.5% |
| Salem Chapel Township | $270K | $269.2K | -0.3% |
| Walkertown | $305K | $301.5K | -1.1% |
| Middle Fork II Township | $375K | $340K | -9.3% |
Housing Supply in Walkertown, NC
How many homes are available in Walkertown, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 39 | +34.5% |
Summary: The Walkertown real estate market had 39 homes for sale in May 2024, a 34.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 20 | 25 | +25.0% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Walkertown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walkertown, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Walkertown in May 2024, up by 57.1% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Walkertown, NC
How long does it take to sell a home in Walkertown, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 40 Days | +48.2% |
Summary: Homes in Walkertown had an average of 40 days on market in May 2024, up by 48.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walkertown are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Walkertown; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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