Is 28128, 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, 28128 has remained a Seller's Market.
Key Takeaway
28128 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28128, NC
How much do homes in 28128, NC cost?
Median Sold Price
$267,700
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 28128 have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in 28128 was $267,700 in April 2024, up 8.4% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $379.9K | - | N/A |
| 2 Bedrooms | $160K | $232.5K | +45.3% |
| 3 Bedrooms | $250K | $250K | 0.0% |
| 4 Bedrooms | $381.5K | $567.5K | +48.8% |
| 5+ Bedrooms | $3.5M | $1.3M | -60.7% |
Summary: 28128 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 increased by 45.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 48.8%, and 5+ bedroom homes decreased by 60.7%.
Housing Supply in 28128, NC
How many homes are available in 28128, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 37 | 37 | 0.0% |
Summary: The 28128 real estate market had 37 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 | 15 | 15 | 0.0% |
| 3 Bedrooms | 19 | 15 | -21.1% |
| 4 Bedrooms | 1 | 5 | +400.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 28128 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 21.1%, 4 bedroom homes increased by 400%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28128, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 28128 in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 28128, NC
How long does it take to sell a home in 28128, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 7 Days | 36 Days | +414.3% |
Summary: Homes in 28128 had an average of 36 days on market in Apr 2024, up by 414.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28128 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in 28128; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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