Is 28146, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 28146 was a Seller's Market.
Key Takeaway
28146 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 28146, NC
How much do homes in 28146, NC cost?
Median Sold Price
$300,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 28146 have sold for 3% more than they did a year ago.
Summary: The median home sold price in 28146 was $300,000 in April 2024, up 3% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $486K | $355K | -27.0% |
| 2 Bedrooms | $203.5K | $228.5K | +12.3% |
| 3 Bedrooms | $285K | $294K | +3.2% |
| 4 Bedrooms | $349.9K | $429K | +22.6% |
| 5+ Bedrooms | $540K | $675K | +25.0% |
Summary: 28146 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 25%.
Housing Supply in 28146, NC
How many homes are available in 28146, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 141 | 142 | +0.7% |
Summary: The 28146 real estate market had 142 homes for sale in April 2024, a 0.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 23 | 22 | -4.3% |
| 3 Bedrooms | 90 | 85 | -5.6% |
| 4 Bedrooms | 24 | 29 | +20.8% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 28146 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 21 | -38.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28146, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 28146 in April 2024, down by 38.2% month-over-month. Of the 21 sold homes, 67% were sold under asking, 14% were sold at asking, and 19% were sold over asking.
Days on Market for 28146, NC
How long does it take to sell a home in 28146, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 19 Days | 43 Days | +121.0% |
Summary: Homes in 28146 had an average of 43 days on market in Apr 2024, up by 121% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28146 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 21 homes were sold in 28146; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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