Is 28262, 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, 28262 has remained a Seller's Market.
Housing Prices in 28262, NC
How much do homes in 28262, NC cost?
Median Sold Price
$355,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28262 was $355,000 in March 2024, up 6% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230K | $230K | 0.0% |
3 Bedrooms | $320K | $335K | +4.7% |
4 Bedrooms | $390K | $390K | 0.0% |
5+ Bedrooms | $454K | $540K | +18.9% |
Summary: 28262 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 did not change, 3 bedroom homes increased by 4.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 18.9%.
Housing Supply in 28262, NC
How many homes are available in 28262, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
78 | 96 | +23.1% |
Summary: The 28262 real estate market had 96 homes for sale in March 2024, a 23.1% 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 | 7 | 7 | 0.0% |
3 Bedrooms | 32 | 41 | +28.1% |
4 Bedrooms | 31 | 38 | +22.6% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 28262 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 remained the same, 3 bedroom homes increased by 28.1%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 17 | -19.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 28262 in March 2024, down by 19.0% month-over-month. Of the 17 sold homes, 71% were sold under asking, 12% were sold at asking, and 18% were sold over asking.
Days on Market for 28262, NC
How long does it take to sell a home in 28262, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 34 Days | -8.4% |
Summary: Homes in 28262 had an average of 34 days on market in Mar 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 28262; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.