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Averette Farms Housing Market Report June 2025Wake County, North Carolina

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Housing Prices in Averette Farms, NC

How much do homes in Averette Farms, NC cost?

Housing Market Conditions

Is Averette Farms, NC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Averette Farms is a Seller's Market

Difference Since June 2024

At the same time last year, Averette Farms was a Buyer's Market.

Insight

Averette Farms is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$461,110$197/SqFt
-$73,077
-13.7%

Based on all homes sold in the last 12 months

Insight

Homes in Averette Farms have sold for 13.7% less than they did a year ago.

Summary: The median home sold price in Averette Farms was $461,110 in June 2025, down 13.7% from last year, and the median price per square foot was $197.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Austin Creek
+6.8%
Averette Farms
-13.7%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2--
N/A
3$383.4K$362.2K
-5.5%
4$789.9K$476.4K
-39.7%
5$785K$514.8K
-34.4%

Summary: Averette Farms housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -5.5%. The home price for 4 bedroom homes decreased by -39.7%. The home price for 5 bedroom homes decreased by -34.4%.

How does Averette Farms, NC compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Averette Farms, NC

Housing supply in Averette Farms, NC

How many homes are available in Averette Farms, NC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
69Last MonthJun 2025
702 months agoMay 2025
-1.4 %
Change MoMMay – Jun

Summary: The Averette Farms real estate market had 69 homes for sale in Jun 2025, a 1.4 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
21Last MonthJun 2025
142 months agoMay 2025
+50.0 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
200
0.0%
33232
0.0%
42017
-15.0%
51820
+11.1%

Summary: Averette Farms housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -15.0%. The inventory for 5 bedroom homes increased by +11.1%.

Asking Price vs. Sold Price

How much do homes in Averette Farms, NC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price9 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in Averette Farms, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Averette Farms in June 2025, up by 50.0% month-over-month. Of the 21 sold homes, 48% were sold under asking, 43% were sold at asking, and and 10% were sold over asking.

Days on Market for Averette Farms, NC

How long does it take to sell a home in Averette Farms, NC?

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days2 Homes

Over 90 Days10 Homes

Insight

Most homes in Averette Farms are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During June 2025, 21 homes were sold in Averette Farms; 43% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 48% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
78 DaysThis YearJun 2025
32 Days1 year agoJun 2024
+140.6 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Averette Farms had an average listing age of 78 days in Jun 2025, up by 140.6% compared to the previous year.

Newest Listings in Averette Farms, NC

What homes are available in Averette Farms, NC?

Nearby markets

Nearby markets aren't available for Averette Farms, NC

MLS Disclaimers and Copyright

Based on information from Doorify MLS, for the period 07/01/2023 - 07/01/2025

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/17/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.