Is 28164, 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, 28164 has remained a Seller's Market.
Housing Prices in 28164, NC
How much do homes in 28164, NC cost?
Median Sold Price
$400,950
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28164 was $400,950 in March 2024, up 2% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | - | N/A |
2 Bedrooms | $316.4K | $432.5K | +36.7% |
3 Bedrooms | $349.5K | $360K | +3.0% |
4 Bedrooms | $522.5K | $524K | 0.3% |
5+ Bedrooms | $707.5K | $605K | -14.5% |
Summary: 28164 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.7%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 14.5%.
Housing Supply in 28164, NC
How many homes are available in 28164, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
93 | 95 | +2.2% |
Summary: The 28164 real estate market had 95 homes for sale in March 2024, a 2.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 16 | 17 | +6.3% |
3 Bedrooms | 59 | 62 | +5.1% |
4 Bedrooms | 11 | 9 | -18.2% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 28164 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 6.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 28164 in March 2024, up by 5.0% month-over-month. Of the 21 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 28164, NC
How long does it take to sell a home in 28164, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 36 Days | -17.5% |
Summary: Homes in 28164 had an average of 36 days on market in Mar 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 28164; 52% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.