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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wentworth is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Wentworth has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Wentworth, NC

How much do homes in Wentworth, NC cost?

Median Sold Price

$281,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$75,000(+36.4%)

Key Takeaway

Homes in Wentworth have sold for 36.4% more than they did a year ago.

Summary: The median home sold price in Wentworth was $281,000 in May 2024, up 36.4% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $165K$192K
+16.4%
3 $225K$285K
+26.7%
4 $63K$521.2K
+727.4%
5+ --
N/A

Summary: Wentworth 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 increased by 16.4%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 727.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wentworth
+36.4%
Wentworth Township
+15.4%

Housing Supply in Wentworth, NC

How many homes are available in Wentworth, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1112+9.1%

Summary: The Wentworth real estate market had 12 homes for sale in May 2024, a 9.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 66
0.0%
3 45
+25.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Wentworth 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
06+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in Wentworth in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Wentworth, NC

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

Average Sale Time

May 2023May 2024CHANGE
148 Days30 Days-79.7%

Summary: Homes in Wentworth had an average of 30 days on market in May 2024, down by 79.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 6 homes were sold in Wentworth; 50% of homes were sold within 30 days, 50% 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 Wentworth, NC

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