Is 28034, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 28034 has remained a Seller's Market.
Housing Prices in 28034, NC
How much do homes in 28034, NC cost?
Median Sold Price
$295,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 28034 was $295,000 in April 2024, up 1.7% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72K | $160K | +122.2% |
2 Bedrooms | $186K | $186.5K | 0.3% |
3 Bedrooms | $270K | $285K | +5.6% |
4 Bedrooms | $339.9K | $335.9K | -1.2% |
5+ Bedrooms | $373.7K | $350.3K | -6.2% |
Summary: 28034 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 122.2%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 6.2%.
Housing Supply in 28034, NC
How many homes are available in 28034, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 70 | +14.8% |
Summary: The 28034 real estate market had 70 homes for sale in April 2024, a 14.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 19 | 16 | -15.8% |
3 Bedrooms | 29 | 34 | +17.2% |
4 Bedrooms | 9 | 13 | +44.4% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 28034 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.8%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 21 | +110.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 28034 in April 2024, up by 110.0% month-over-month. Of the 21 sold homes, 52% were sold under asking, 33% were sold at asking, and 14% were sold over asking.
Days on Market for 28034, NC
How long does it take to sell a home in 28034, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 46 Days | +50.6% |
Summary: Homes in 28034 had an average of 46 days on market in Apr 2024, up by 50.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in 28034; 38% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.