Is 28075, 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, 28075 has remained a Seller's Market.
Key Takeaway
28075 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28075, NC
How much do homes in 28075, NC cost?
Median Sold Price
$444,987
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 28075 have sold for 8.3% less than they did a year ago.
Summary: The median home sold price in 28075 was $444,987 in April 2024, down 8.3% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $275K | $242.2K | -11.9% |
| 3 Bedrooms | $388.7K | $400K | +2.9% |
| 4 Bedrooms | $511.6K | $521.5K | +1.9% |
| 5+ Bedrooms | $620K | $636K | +2.6% |
Summary: 28075 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in 28075, NC
How many homes are available in 28075, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 100 | 100 | 0.0% |
Summary: The 28075 real estate market had 100 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 43 | 30 | -30.2% |
| 4 Bedrooms | 29 | 33 | +13.8% |
| 5+ Bedrooms | 20 | 29 | +45.0% |
Summary: The 28075 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 remained the same, 3 bedroom homes decreased by 30.2%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 45%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 24 | -20.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28075, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 28075 in April 2024, down by 20.0% month-over-month. Of the 24 sold homes, 42% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for 28075, NC
How long does it take to sell a home in 28075, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 32 Days | -19.9% |
Summary: Homes in 28075 had an average of 32 days on market in Apr 2024, down by 19.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28075 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 24 homes were sold in 28075; 71% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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