Is 28160, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 28160 has remained a Seller's Market.
Housing Prices in 28160, NC
How much do homes in 28160, NC cost?
Median Sold Price
$156,500
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 28160 was $156,500 in April 2024, down 3.4% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $140.2K | N/A |
2 Bedrooms | $147.5K | $125.8K | -14.7% |
3 Bedrooms | $174.4K | $189.5K | +8.6% |
4 Bedrooms | $184K | $178K | -3.3% |
5+ Bedrooms | $239.9K | $1.9M | +710.8% |
Summary: 28160 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 decreased by 14.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 710.8%.
Housing Supply in 28160, NC
How many homes are available in 28160, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 30 | +20.0% |
Summary: The 28160 real estate market had 30 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 12 | 17 | +41.7% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 28160 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 14.3%, 3 bedroom homes increased by 41.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 28160 in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 28160, NC
How long does it take to sell a home in 28160, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 55 Days | +40.0% |
Summary: Homes in 28160 had an average of 55 days on market in Apr 2024, up by 40% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 28160; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.