Is 28032, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 28032 was a Seller's Market.
Housing Prices in 28032, NC
How much do homes in 28032, NC cost?
Median Sold Price
$295,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28032 was $295,000 in March 2024, up 3.7% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $191K | $120K | -37.2% |
2 Bedrooms | $230K | $236K | +2.6% |
3 Bedrooms | $342.5K | $335K | -2.2% |
4 Bedrooms | $556K | $587.5K | +5.7% |
5+ Bedrooms | $506.2K | $617K | +21.9% |
Summary: 28032 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.2%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 21.9%.
Housing Supply in 28032, NC
How many homes are available in 28032, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Summary: The 28032 real estate market had 23 homes for sale in March 2024, a 9.5% 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 | 7 | 7 | 0.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 28032 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 28032 in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 28032, NC
How long does it take to sell a home in 28032, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 87 Days | +331.4% |
Summary: Homes in 28032 had an average of 87 days on market in Mar 2024, up by 331.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in 28032; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.