Is 28134, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28134 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 28134 has remained a Seller's Market.

Key Takeaway

28134 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28134, NC

How much do homes in 28134, NC cost?

Median Sold Price

$440,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,000(+6.0%)

Key Takeaway

Homes in 28134 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 28134 was $440,000 in April 2024, up 6% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $105K-
N/A
2 $292.5K$295K
+0.9%
3 $404.4K$439.6K
+8.7%
4 $495.5K$460.2K
-7.1%
5+ $555K$585K
+5.4%

Summary: 28134 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 0.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 5.4%.

Median Sold Price Compared To Nearby Zip Codes

28210
+12.9%
28277
+12.8%
28226
+12.1%
28134
+6.0%
28273
+1.8%

Housing Supply in 28134, NC

How many homes are available in 28134, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6858-14.7%

Summary: The 28134 real estate market had 58 homes for sale in April 2024, a 14.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 48
+100.0%
3 4131
-24.4%
4 1917
-10.5%
5+ 42
-50.0%

Summary: The 28134 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 increased by 100%, 3 bedroom homes decreased by 24.4%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2621-19.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28134, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 28134 in April 2024, down by 19.2% month-over-month. Of the 21 sold homes, 52% were sold under asking, 19% were sold at asking, and 29% 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

Apr 2023Apr 2024CHANGE
15 Days11 Days-24.0%

Summary: Homes in 28134 had an average of 11 days on market in Apr 2024, down by 24% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28134 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 21 homes were sold in 28134; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in 28134, NC

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