The Long & Foster Market Minute

FOCUS ON: JOHNSTON COUNTY HOUSING MARKET MAY 2025

Units Sold
386
Active Inventory
1,178
Median Sale Price
$364,450
Days On Market
61
Down -13%
Vs. Year Ago
Up 20%
Vs. Year Ago
Down -1%
Vs. Year Ago
Up 13%
Vs. Year Ago

Units Sold
There was an increase in total units sold in May, with 386 sold this month in Johnston County Real Estate versus 367 last month, an increase of 5%. This month's total units sold was lower than at this time last year, a decrease of 13% versus May 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 200 units or 20%. The total number of active inventory this May was 1178 compared to 978 in May 2024. This month's supply remained stable as compared to last month.

Median Sale Price
Last May, the median sale price for Johnston County Homes was $368,500. This May, the median sale price was $364,450, a decrease of 1% or $4,050 compared to last year. The current median sold price is 4% higher than in April.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
469
Current Contracts
386
Sold Vs. List Price
99.1%
Months of Supply
3.1
Down -5%
Vs. Year Ago
Down -3%
Vs. Year Ago
No Change
Vs. Year Ago
Up 38%
Vs. Year Ago

Months of Supply
In May, there was 3.1 months of supply available in Johnston County, compared to 2.2 in May 2024. That is an increase of 38% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

New Listings & Current Contracts
This month there were 469 homes newly listed for sale in Johnston County compared to 495 in May 2024, a decrease of 5%. There were 386 current contracts pending sale this May compared to 397 a year ago. The number of current contracts is 3% lower than last May.

Sale Price to List Price Ratio
In May, the average sale price in Johnston County was 99.1% of the average list price, which is similar compared to a year ago.

Days on Market
This month, the average number of days on market was 61, higher than the average last year, which was 54, an increase of 13%.

The Long & Foster Market Minute Johnston County are defined as properties listed in zip code/s .
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by TRIANGLE and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of TRIANGLE or Long & Foster Real Estate, Inc.