Is 28303, 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, 28303 has remained a Seller's Market.
Key Takeaway
28303 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28303, NC
How much do homes in 28303, NC cost?
Median Sold Price
$215,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 28303 have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in 28303 was $215,000 in March 2024, up 13.2% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $98.5K | $132.5K | +34.5% |
| 3 Bedrooms | $185K | $209.8K | +13.4% |
| 4 Bedrooms | $269.9K | $264.5K | -2.0% |
| 5+ Bedrooms | $438.5K | $427.5K | -2.5% |
Summary: 28303 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 34.5%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 2.5%.
Housing Supply in 28303, NC
How many homes are available in 28303, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 129 | 152 | +17.8% |
Summary: The 28303 real estate market had 152 homes for sale in March 2024, a 17.8% 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 | 17 | 24 | +41.2% |
| 3 Bedrooms | 73 | 81 | +11.0% |
| 4 Bedrooms | 33 | 38 | +15.2% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 28303 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 41.2%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 41 | +57.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28303, expect to pay close to the asking price. 39% of homes here sold near the asking price last month.
Summary: A total of 41 homes were sold or pending in 28303 in March 2024, up by 57.7% month-over-month. Of the 41 sold homes, 34% were sold under asking, 39% were sold at asking, and 27% were sold over asking.
Days on Market for 28303, NC
How long does it take to sell a home in 28303, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 46 Days | -5.9% |
Summary: Homes in 28303 had an average of 46 days on market in Mar 2024, down by 5.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28303 has remained consistent over time.
Summary: During March 2024, 41 homes were sold in 28303; 34% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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