Is Person County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Person County has remained a Seller's Market.
Housing Prices in Person County, NC
How much do homes in Person County, NC cost?
Median Sold Price
$299,996
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Person County was $299,996 in April 2024, up 5.3% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130.5K | $179.9K | +37.9% |
2 Bedrooms | $155K | $199.9K | +29.0% |
3 Bedrooms | $298.3K | $304.9K | +2.2% |
4 Bedrooms | $315K | $302.4K | -4.0% |
5+ Bedrooms | $1.2M | $325K | -72.9% |
Summary: Person County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.9%, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 72.9%.
Median Sold Price Compared To Nearby Counties
Caswell County | $210K | $250K | +19.0% |
Person County | $285K | $299.9K | +5.3% |
Durham County | $404.9K | $411.5K | +1.7% |
Granville County | $318.4K | $315K | -1.1% |
Housing Supply in Person County, NC
How many homes are available in Person County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
105 | 109 | +3.8% |
Summary: The Person County real estate market had 109 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 15 | 0.0% |
3 Bedrooms | 74 | 76 | +2.7% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Person County housing inventory by bedroom type for April 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 2.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Person County in April 2024, up by 3.4% month-over-month. Of the 30 sold homes, 63% were sold under asking, 23% were sold at asking, and 13% were sold over asking.
Days on Market for Person County, NC
How long does it take to sell a home in Person County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
86 Days | 35 Days | -58.8% |
Summary: Homes in Person County had an average of 35 days on market in Apr 2024, down by 58.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in Person County; 57% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.