Is Walkertown, 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, 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
$298,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Walkertown have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Walkertown was $298,000 in April 2024, up 6.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $191K | $177.5K | -7.1% |
| 3 Bedrooms | $279K | $265K | -5.0% |
| 4 Bedrooms | $381K | $359K | -5.8% |
| 5+ Bedrooms | $396.9K | $393.7K | -0.8% |
Summary: Walkertown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Cities
| Walkertown | $280K | $298K | +6.4% |
| Kernersville Township | $324.9K | $339.7K | +4.5% |
| Middle Fork II Township | $335K | $340K | +1.5% |
| Salem Chapel Township | $270K | $265K | -1.9% |
Housing Supply in Walkertown, NC
How many homes are available in Walkertown, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 27 | +28.6% |
Summary: The Walkertown real estate market had 27 homes for sale in April 2024, a 28.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 14 | 18 | +28.6% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Walkertown 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 increased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walkertown, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Walkertown in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 6 Days | +5.5% |
Summary: Homes in Walkertown had an average of 6 days on market in Apr 2024, up by 5.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 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 April 2024, 7 homes were sold in Walkertown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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