Is 28012, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 28012 has remained a Seller's Market.
Housing Prices in 28012, NC
How much do homes in 28012, NC cost?
Median Sold Price
$400,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28012 was $400,000 in March 2024, down 9.1% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | - | N/A |
2 Bedrooms | $275K | $279.9K | +1.8% |
3 Bedrooms | $371.4K | $370K | -0.4% |
4 Bedrooms | $530K | $594K | +12.1% |
5+ Bedrooms | $534.8K | $775.3K | +45.0% |
Summary: 28012 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 45%.
Housing Supply in 28012, NC
How many homes are available in 28012, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
138 | 152 | +10.1% |
Summary: The 28012 real estate market had 152 homes for sale in March 2024, a 10.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 19 | +26.7% |
3 Bedrooms | 81 | 78 | -3.7% |
4 Bedrooms | 29 | 33 | +13.8% |
5+ Bedrooms | 13 | 22 | +69.2% |
Summary: The 28012 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.7%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 69.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 33 | -23.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 28012 in March 2024, down by 23.3% month-over-month. Of the 33 sold homes, 61% were sold under asking, 27% were sold at asking, and 12% were sold over asking.
Days on Market for 28012, NC
How long does it take to sell a home in 28012, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 30 Days | -27.0% |
Summary: Homes in 28012 had an average of 30 days on market in Mar 2024, down by 27% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 33 homes were sold in 28012; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.