Charlotte, North Carolina Local News
Counties where homes are selling the fastest in North Carolina
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The pace at which homes sell in the U.S. tends to ebb and flow over the calendar year, with homes selling fastest in the summer and slowest in the winter. But high home prices and mortgage interest rates are keeping many potential buyers on the sidelines.
The median number of days a home spent on the market in February was 48, five days less than the year before. In North Carolina, the typical home was on the market 51 days.
When homes sell faster, it can be a sign that any given market is less buyer-friendly, and decisions must be made quickly.
Stacker compiled a list of counties where homes sold the fastest in North Carolina using data from Redfin. To be included, counties had at least 100 home sales and are selling quicker than the state median. They are ranked by the median number of days a home was listed before it sold. In the case of ties, counties with the most home sales overall were ranked higher.
#15. Guilford County
– Median days on market: 50
– Median sale price: $290,000
– Total homes sold: 451
#14. New Hanover County
– Median days on market: 47
– Median sale price: $433,000
– Total homes sold: 317
#13. Mecklenburg County
– Median days on market: 47
– Median sale price: $425,000
– Total homes sold: 1,118
#12. Randolph County
– Median days on market: 45
– Median sale price: $238,000
– Total homes sold: 116
#11. Cabarrus County
– Median days on market: 45
– Median sale price: $380,722
– Total homes sold: 197
#10. Carteret County
– Median days on market: 44
– Median sale price: $530,500
– Total homes sold: 124
#9. Alamance County
– Median days on market: 43
– Median sale price: $329,500
– Total homes sold: 148
#8. Union County
– Median days on market: 43
– Median sale price: $430,000
– Total homes sold: 213
#7. Onslow County
– Median days on market: 43
– Median sale price: $260,000
– Total homes sold: 336
#6. Forsyth County
– Median days on market: 41
– Median sale price: $297,500
– Total homes sold: 295
#5. Pitt County
– Median days on market: 39
– Median sale price: $265,900
– Total homes sold: 162
#4. Craven County
– Median days on market: 38
– Median sale price: $281,990
– Total homes sold: 127
#3. Cumberland County
– Median days on market: 30
– Median sale price: $240,000
– Total homes sold: 345
#2. Wake County
– Median days on market: 29
– Median sale price: $445,000
– Total homes sold: 1,128
#1. Durham County
– Median days on market: 26
– Median sale price: $394,995
– Total homes sold: 276
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 22 states.
© Stacker Media, LLC.
This story was originally published April 1, 2024, 6:12 AM.
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