Is 28052, 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, 28052 has remained a Seller's Market.
Key Takeaway
28052 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28052, NC
How much do homes in 28052, NC cost?
Median Sold Price
$239,899
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 28052 have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in 28052 was $239,899 in March 2024, up 7.4% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $143K | $90K | -37.1% |
| 2 Bedrooms | $141K | $158K | +12.1% |
| 3 Bedrooms | $235K | $249.2K | +6.1% |
| 4 Bedrooms | $284.5K | $300K | +5.4% |
| 5+ Bedrooms | $492.5K | $499.5K | +1.4% |
Summary: 28052 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.1%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 1.4%.
Housing Supply in 28052, NC
How many homes are available in 28052, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 189 | 216 | +14.3% |
Summary: The 28052 real estate market had 216 homes for sale in March 2024, a 14.3% 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 | 33 | 41 | +24.2% |
| 3 Bedrooms | 123 | 135 | +9.8% |
| 4 Bedrooms | 21 | 28 | +33.3% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 28052 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 24.2%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 50 | +61.3% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28052, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in 28052 in March 2024, up by 61.3% month-over-month. Of the 50 sold homes, 60% were sold under asking, 24% were sold at asking, and 16% were sold over asking.
Days on Market for 28052, NC
How long does it take to sell a home in 28052, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 66 Days | +21.4% |
Summary: Homes in 28052 had an average of 66 days on market in Mar 2024, up by 21.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28052 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 50 homes were sold in 28052; 46% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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