Is 28144, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 28144 was a Seller's Market.
Housing Prices in 28144, NC
How much do homes in 28144, NC cost?
Median Sold Price
$236,290
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28144 was $236,290 in March 2024, up 5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $118K | -39.5% |
2 Bedrooms | $150K | $150K | 0.0% |
3 Bedrooms | $225K | $235K | +4.4% |
4 Bedrooms | $300K | $315K | +5.0% |
5+ Bedrooms | $350K | $382.5K | +9.3% |
Summary: 28144 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.5%, 2 bedroom homes did not change, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 9.3%.
Housing Supply in 28144, NC
How many homes are available in 28144, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
158 | 179 | +13.3% |
Summary: The 28144 real estate market had 179 homes for sale in March 2024, a 13.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 23 | 26 | +13.0% |
3 Bedrooms | 92 | 99 | +7.6% |
4 Bedrooms | 32 | 41 | +28.1% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 28144 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 19 | -17.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 28144 in March 2024, down by 17.4% month-over-month. Of the 19 sold homes, 58% were sold under asking, 32% were sold at asking, and 11% were sold over asking.
Days on Market for 28144, NC
How long does it take to sell a home in 28144, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 55 Days | +11.7% |
Summary: Homes in 28144 had an average of 55 days on market in Mar 2024, up by 11.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 28144; 63% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.