🏡 Wendell Falls Market Report – May 2025

📊 Key Takeaways for Wendell Falls Real Estate Market

• Median Sales Price: $480,000 in May 2025.

  • Last Month Change: Up 6.1% (~$ 27,500 ) compared to $452,000 in April 2025

  • Last Year Change: Down 3.8% (~$19,000) compared $ 499,000 in May 2024

• Closed Sales: 20 total sales in May 2025

  • Last Month Change: Down 16.7 % ( 24 sales) in April 2025

  • Last Year Change: Down 35.5% ( 31 sales) in May of 2024

• Average Days on Market: 29 days in May 2025

  • Last Month: 28 days

  • Last Year: 39

• Top Buyer Demand: 4.71 showings on average for the top-performing price bracket 400-450K price range in May 2025

• Median Amount Concessions Paid by sellers in May 2025: $2,750

  • Last Month Change:$5000

• Last Year Change: $3,500

  🏘 Neighborhood Overview

  Wendell Falls, Wendell, NC – May 2025 Performance

  Combined Median Sales Price: $480,000 in May 2025.

  

  Wendell Falls Median Sales Price: $480,000 in May 2025. Note: includes both resale and new construction data.

  Resale vs. New Construction median sales Prices in May 2025:

  
  The median price for resale single-family homes was $461K in May, while new construction averaged $615K — a gap of more than $150K.

  Resales offer more attainable price points, while new builds command premiums for modern features and brand-new condition.

  Closed Sales Volume Trends May 2025

  

  Wendell Falls Closed Sales: 20 units in May 2025. Note: includes both resale and new construction data.

  • Total single-family sales (resale + new construction) came in at 20 units closed, down 36% from last May 2024, signaling softer overall demand.

  • Resale activity ticked up slightly month-over-month (12 sales vs. 10 in April), while new construction held steady at 8 sales.

  • The split suggests buyers are leaning modestly toward the resale market, possibly due to the $150K+ price gap between resales and new builds.

  Closed Property Resales by Price Bracket:

  

  Wendell Falls Resale( not new construction) Closed Sales by Price bracket .

• 75 % or 9 of the 12 sales that were not new construction (resale) were properties that closed in the 300K to 499K price bracket.

Days on Market by Price Bracket:

• Properties across all price points averaged 29 days on market in May 2025, up ~38% from 21 days in April of 2025.

• The 400K - 499K price bracket had more sales (5) but had the highest average days on market ( 33 Days).

• Year over year, average days on market has increased 32% from 22 days during the same period last year.

What does this mean for you? It’s still a seller’s market, but…….

1. Price with Precision.

   The Month over month and Year over year dips signal a more price sensitive spring market. Over pricing can stall plans to sell quickly so it’s recommended that you consider listing just below key round numbers (e.g., $469K instead of $475K) to capture buyer attention and compensate for the pullback.

2. Differentiate on Marketing & Incentive

   With DOM up 41% MoM (17 days) and mounting new-construction competition, bolster your listing with twilight photography, virtual tours, and targeted social media ads. Additionally, you could offer contributions towards closing costs to help compete with what new construction providers are offering buyers.

3. Prepare for Negotiations

   A slight moderation in buyer urgency—especially at higher price points—means buyers are more likely to push on inspection items and closing costs.

   Anticipate and budget for small concessions (e.g., 1–2% of sale price) to keep deals on track without eroding your net proceeds.

4. Stay Agile on Timing

   If your property is ready, list immediately to capture remaining demand; if needed, refresh your curb appeal and your marketing to tap into late summer-season buyers.

By combining strategic pricing, standout marketing, and buyer-friendly incentives, sellers can still capitalize on Wendell Falls’ robust buyer interest—despite a temporarily lengthened sales cycle and modest price pullback.

Thinking About Selling?

Real Estate 919 is on a mission to help 1,000 property owners sell faster, easier, and for more money. Our proven approach includes:

• Professional Staging & Photography
  Help buyers envision your home as their own—leading to stronger offers and shorter days on market.

• Cinematic Video Marketing
  Capture attention online with immersive tours that showcase your property’s best features.

• Accurate Pricing & Negotiation
  We use real‐time market data and expert negotiation skills to ensure you get top dollar.

Let’s Get Started

Visit realestate919.com or call 919‐752‐5520 to discuss how we can position your Wendell Falls property for success. With Real Estate 919, you’ll receive professional guidance, best‐in‐class marketing, and a seamless experience from list to close.