Is 28139, 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, 28139 has remained a Seller's Market.
Housing Prices in 28139, NC
How much do homes in 28139, NC cost?
Median Sold Price
$303,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28139 was $303,000 in March 2024, up 4.5% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $240K | -7.7% |
2 Bedrooms | $173.5K | $222.8K | +28.4% |
3 Bedrooms | $316.2K | $300K | -5.1% |
4 Bedrooms | $360K | $375K | +4.2% |
5+ Bedrooms | $402.5K | $544K | +35.2% |
Summary: 28139 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 28.4%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 35.2%.
Housing Supply in 28139, NC
How many homes are available in 28139, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
75 | 97 | +29.3% |
Summary: The 28139 real estate market had 97 homes for sale in March 2024, a 29.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 20 | +42.9% |
3 Bedrooms | 44 | 51 | +15.9% |
4 Bedrooms | 11 | 18 | +63.6% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 28139 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 increased by 42.9%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 63.6%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 18 | +157.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 28139 in March 2024, up by 157.1% month-over-month. Of the 18 sold homes, 72% were sold under asking, 28% were sold at asking, and 0% were sold over asking.
Days on Market for 28139, NC
How long does it take to sell a home in 28139, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 65 Days | +35.7% |
Summary: Homes in 28139 had an average of 65 days on market in Mar 2024, up by 35.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in 28139; 44% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.