Is 28215, 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, 28215 has remained a Seller's Market.
Housing Prices in 28215, NC
How much do homes in 28215, NC cost?
Median Sold Price
$360,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28215 was $360,000 in March 2024, up 7.4% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $106.5K | N/A |
2 Bedrooms | $201.9K | $248.9K | +23.3% |
3 Bedrooms | $325K | $334.9K | +3.0% |
4 Bedrooms | $390K | $398K | +2.1% |
5+ Bedrooms | $490K | $480K | -2.0% |
Summary: 28215 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 23.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 2%.
Housing Supply in 28215, NC
How many homes are available in 28215, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
207 | 211 | +1.9% |
Summary: The 28215 real estate market had 211 homes for sale in March 2024, a 1.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 25 | 19 | -24.0% |
3 Bedrooms | 114 | 127 | +11.4% |
4 Bedrooms | 58 | 59 | +1.7% |
5+ Bedrooms | 9 | 5 | -44.4% |
Summary: The 28215 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 decreased by 24%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 44.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 62 | +3.3% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 62 homes were sold or pending in 28215 in March 2024, up by 3.3% month-over-month. Of the 62 sold homes, 48% were sold under asking, 26% were sold at asking, and 26% were sold over asking.
Days on Market for 28215, NC
How long does it take to sell a home in 28215, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 34 Days | -29.6% |
Summary: Homes in 28215 had an average of 34 days on market in Mar 2024, down by 29.6% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 62 homes were sold in 28215; 71% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.