Is 28134, 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, 28134 has remained a Seller's Market.
Housing Prices in 28134, NC
How much do homes in 28134, NC cost?
Median Sold Price
$439,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28134 was $439,000 in March 2024, up 7.3% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | - | N/A |
2 Bedrooms | $290K | $297.5K | +2.6% |
3 Bedrooms | $400K | $437.2K | +9.3% |
4 Bedrooms | $513.2K | $457.4K | -10.9% |
5+ Bedrooms | $552.5K | $580K | +5.0% |
Summary: 28134 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 5%.
Housing Supply in 28134, NC
How many homes are available in 28134, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 59 | -1.7% |
Summary: The 28134 real estate market had 59 homes for sale in March 2024, a 1.7% decrease 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 | 5 | 3 | -40.0% |
3 Bedrooms | 39 | 31 | -20.5% |
4 Bedrooms | 11 | 22 | +100.0% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 28134 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 decreased by 40%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 20 | +42.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 28134 in March 2024, up by 42.9% month-over-month. Of the 20 sold homes, 65% were sold under asking, 20% were sold at asking, and 15% were sold over asking.
Days on Market for 28134, NC
How long does it take to sell a home in 28134, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 24 Days | -11.3% |
Summary: Homes in 28134 had an average of 24 days on market in Mar 2024, down by 11.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 28134; 75% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.