Is 28210, 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, 28210 has remained a Seller's Market.
Key Takeaway
28210 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28210, NC
How much do homes in 28210, NC cost?
Median Sold Price
$499,620
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 28210 have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in 28210 was $499,620 in March 2024, up 8.8% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $106K | $120K | +13.2% |
| 2 Bedrooms | $255K | $282K | +10.6% |
| 3 Bedrooms | $463.4K | $500K | +7.9% |
| 4 Bedrooms | $658K | $715K | +8.7% |
| 5+ Bedrooms | $886K | $1.4M | +61.4% |
Summary: 28210 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 61.4%.
Housing Supply in 28210, NC
How many homes are available in 28210, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 159 | 200 | +25.8% |
Summary: The 28210 real estate market had 200 homes for sale in March 2024, a 25.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 9 | -18.2% |
| 2 Bedrooms | 32 | 39 | +21.9% |
| 3 Bedrooms | 64 | 77 | +20.3% |
| 4 Bedrooms | 40 | 56 | +40.0% |
| 5+ Bedrooms | 12 | 19 | +58.3% |
Summary: The 28210 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 21.9%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 58.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 44 | 58 | +31.8% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28210, you could pay more than the asking price. 43.1% of homes here sold above asking price last month.
Summary: A total of 58 homes were sold or pending in 28210 in March 2024, up by 31.8% month-over-month. Of the 58 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% were sold over asking.
Days on Market for 28210, NC
How long does it take to sell a home in 28210, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 31 Days | 17 Days | -45.3% |
Summary: Homes in 28210 had an average of 17 days on market in Mar 2024, down by 45.3% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28210 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 58 homes were sold in 28210; 83% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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