Wendell home prices fall in May 2017

Wendell home prices fall in May 2017
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The median sale price of a home sold in May 2017 in Wendell fell by $70,000 while total sales decreased by 47.1%, according to BlockShopper.com.

In May 2017, there were 18 homes sold, with a median sale price of $152,000 – a 31.5% decrease over the $222,000 median sale price for the same period of the previous year. There were 34 homes sold in Wendell in May 2016.

The median sales tax in Wendell for the most recent year with available data, 2016, was $1,175, approximately 0.8% of the median home sale price for May 2017.

The following table compares Wendell to other Wake County cities with similar median sales prices in May 2017:

City May 2017 Home Sales May 2016 Home Sales % change (Total Home Sales) May 2017 Median Sales Price May 2016 Median Sales Price % change (Median Sales Price)
Knightdale 35 50 -30% $195,000 $206,500 -5.6%
Winter Park 1 2 -50% $186,000 $94,750 96.3%
Will-O-Dean Acres 1 2 -50% $183,000 $168,250 8.8%
Zebulon 16 23 -30.4% $177,500 $186,000 -4.6%
Garner 51 56 -8.9% $170,000 $169,500 0.3%
Wendell 18 34 -47.1% $152,000 $222,000 -31.5%
Waco Heights 3 1 200% $150,000 $125,000 20%
Heatherbrook 1 5 -80% $139,000 $153,000 -9.2%
Emerald Village 1 3 -66.7% $134,000 $109,000 22.9%
Colewood Acres 1 1 0% $130,000 $136,000 -4.4%
Pine Hurst Park 1 0 $125,000 $0


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