KNIGHTDALE, ZEBULON, AND WENDELL AREA HOUSING MARKET DATA

There was an increase in total units sold in May, with 205 sold this month in Knightdale, Zebulon, and Wendell Area Real Estate versus 192 last month, an increase of 7%. This month's total units sold was higher than at this time last year, an increase of 11% versus May 2024.

Versus last year, the total number of homes available this month is higher by 129 units or 28%. The total number of active inventory this May was 586 compared to 457 in May 2024. This month's total of 586 is higher than the previous month's total supply of available inventory of 582, an increase of 1%.

Last May, the median sale price for Knightdale, Zebulon, and Wendell Area Homes was $381,750. This May, the median sale price was $389,430, an increase of 2% or $7,680 compared to last year. The current median sold price is 7% 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.

In May, there was 2.9 months of supply available in Knightdale, Zebulon, and Wendell Area, compared to 2.5 in May 2024. That is an increase of 15% 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.

This month there were 278 homes newly listed for sale in Knightdale, Zebulon, and Wendell Area compared to 247 in May 2024, an increase of 13%. There were 231 current contracts pending sale this May compared to 196 a year ago. The number of current contracts is 18% higher than last May.

In May, the average sale price in Knightdale, Zebulon, and Wendell Area was 99.6% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 57, which is similar compared to a year ago.





FOCUS ON: KNIGHTDALE, ZEBULON, AND WENDELL AREA HOUSING MARKET			MAY 2025

Zip Code(s): 27545, 27597 and 27591
Units Sold 205	Active Inventory 586	Median Sale Price $389,430	Days On Market 57

Up 11% Vs. Year Ago	Up 28% Vs. Year Ago	Up 2% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 205 sold this month in Knightdale, Zebulon, and Wendell Area Real Estate versus 192 last month, an increase of 7%. This month's total units sold was higher than at this time last year, an increase of 11% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 129 units or 28%. The total number of active inventory this May was 586 compared to 457 in May 2024. This month's total of 586 is higher than the previous month's total supply of available inventory of 582, an increase of 1%.
		Median Sale Price Last May, the median sale price for Knightdale, Zebulon, and Wendell Area Homes was $381,750. This May, the median sale price was $389,430, an increase of 2% or $7,680 compared to last year. The current median sold price is 7% 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 278	Current Contracts 231	Sold Vs. List Price 99.6%	Months of Supply 2.9

Up 13% Vs. Year Ago	Up 18% Vs. Year Ago	No Change Vs. Year Ago	Up 15% Vs. Year Ago


		Months of Supply In May, there was 2.9 months of supply available in Knightdale, Zebulon, and Wendell Area, compared to 2.5 in May 2024. That is an increase of 15% 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 278 homes newly listed for sale in Knightdale, Zebulon, and Wendell Area compared to 247 in May 2024, an increase of 13%. There were 231 current contracts pending sale this May compared to 196 a year ago. The number of current contracts is 18% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Knightdale, Zebulon, and Wendell Area was 99.6% 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 57, which is similar compared to a year ago.


	Knightdale, Zebulon, and Wendell Area are defined as properties listed in zip code/s 27545, 27597 and 27591.
	*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.
	Information 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.