Is 28125, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 28125 was a Seller's Market.
Housing Prices in 28125, NC
How much do homes in 28125, NC cost?
Median Sold Price
$350,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 28125 was $350,000 in February 2024, down 0.7% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $220K | $212K | -3.6% |
3 Bedrooms | $345K | $322.7K | -6.4% |
4 Bedrooms | $664.5K | $780K | +17.4% |
5+ Bedrooms | $815K | $405K | -50.3% |
Summary: 28125 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes decreased by 50.3%.
Housing Supply in 28125, NC
How many homes are available in 28125, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Summary: The 28125 real estate market had 14 homes for sale in February 2024, a 27.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 28125 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 28125 in February 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 28125, NC
How long does it take to sell a home in 28125, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
11 Days | 5 Days | -55.9% |
Summary: Homes in 28125 had an average of 5 days on market in Feb 2024, down by 55.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in 28125; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.