Is Dilworth, 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, Dilworth has remained a Seller's Market.
Key Takeaway
Dilworth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dilworth, NC
How much do homes in Dilworth, NC cost?
Median Sold Price
$638,140
$442/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Dilworth have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Dilworth was $638,140 in May 2024, up 2.1% from last year, and the median price per square foot was $442.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $305K | +5.2% |
| 2 Bedrooms | $422.6K | $493K | +16.7% |
| 3 Bedrooms | $856.6K | $887.5K | +3.6% |
| 4 Bedrooms | $1.1M | $1.4M | +30.2% |
| 5+ Bedrooms | $1.6M | $1.8M | +14.5% |
Summary: Dilworth housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 30.2%, and 5+ bedroom homes increased by 14.5%.
Median Sold Price Compared To Nearby Neighborhoods
| South End | $437.4K | $590K | +34.9% |
| Dilworth | $625K | $638.1K | +2.1% |
| Sedgefield | $852.9K | $870K | +2.0% |
Housing Supply in Dilworth, NC
How many homes are available in Dilworth, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 70 | 73 | +4.3% |
Summary: The Dilworth real estate market had 73 homes for sale in May 2024, a 4.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 19 | +11.8% |
| 2 Bedrooms | 17 | 19 | +11.8% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 22 | 19 | -13.6% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Dilworth housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 25 | +31.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dilworth, you may be able to get a good deal. 56% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Dilworth in May 2024, up by 31.6% month-over-month. Of the 25 sold homes, 56% were sold under asking, 4% were sold at asking, and 40% were sold over asking.
Days on Market for Dilworth, NC
How long does it take to sell a home in Dilworth, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 34 Days | +307.1% |
Summary: Homes in Dilworth had an average of 34 days on market in May 2024, up by 307.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dilworth are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 25 homes were sold in Dilworth; 68% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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