Is 28150, 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, 28150 was a Seller's Market.
Key Takeaway
28150 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28150, NC
How much do homes in 28150, NC cost?
Median Sold Price
$245,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 28150 have sold for 19.1% more than they did a year ago.
Summary: The median home sold price in 28150 was $245,000 in April 2024, up 19.1% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69.7K | $73K | +4.7% |
| 2 Bedrooms | $152.5K | $168.5K | +10.5% |
| 3 Bedrooms | $215K | $237.5K | +10.5% |
| 4 Bedrooms | $379.9K | $279.9K | -26.3% |
| 5+ Bedrooms | $290.5K | $375K | +29.1% |
Summary: 28150 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes increased by 29.1%.
Housing Supply in 28150, NC
How many homes are available in 28150, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 141 | 173 | +22.7% |
Summary: The 28150 real estate market had 173 homes for sale in April 2024, a 22.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 21 | 34 | +61.9% |
| 3 Bedrooms | 74 | 88 | +18.9% |
| 4 Bedrooms | 28 | 30 | +7.1% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The 28150 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 61.9%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 21 | +40.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28150, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 28150 in April 2024, up by 40.0% month-over-month. Of the 21 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for 28150, NC
How long does it take to sell a home in 28150, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 62 Days | 49 Days | -19.8% |
Summary: Homes in 28150 had an average of 49 days on market in Apr 2024, down by 19.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28150 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 21 homes were sold in 28150; 48% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.