Is 28086, 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, 28086 has remained a Seller's Market.
Housing Prices in 28086, NC
How much do homes in 28086, NC cost?
Median Sold Price
$239,200
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 28086 was $239,200 in April 2024, down 2.4% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $154.5K | +34.3% |
2 Bedrooms | $150K | $170K | +13.3% |
3 Bedrooms | $253K | $239.9K | -5.1% |
4 Bedrooms | $308.6K | $305.9K | -0.8% |
5+ Bedrooms | $601.6K | $680K | +13.0% |
Summary: 28086 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.3%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 13%.
Housing Supply in 28086, NC
How many homes are available in 28086, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
95 | 89 | -6.3% |
Summary: The 28086 real estate market had 89 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 12 | 5 | -58.3% |
3 Bedrooms | 60 | 60 | 0.0% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 28086 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 58.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 15 | -48.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 28086 in April 2024, down by 48.3% month-over-month. Of the 15 sold homes, 73% were sold under asking, 7% were sold at asking, and 20% were sold over asking.
Days on Market for 28086, NC
How long does it take to sell a home in 28086, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 46 Days | -16.5% |
Summary: Homes in 28086 had an average of 46 days on market in Apr 2024, down by 16.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in 28086; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.