March 2024

28304 Housing Market Report Fayetteville, Cumberland County, North Carolina

Report Updated 22 Days Ago

Is 28304, 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, 28304 has remained a Seller's Market.

Key Takeaway

28304 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28304, NC

How much do homes in 28304, NC cost?

Median Sold Price

$201,120

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$28,385(+16.4%)

Key Takeaway

Homes in 28304 have sold for 16.4% more than they did a year ago.

Summary: The median home sold price in 28304 was $201,120 in March 2024, up 16.4% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2023	Mar 2024	CHANGE
1 Bedroom	$50K	$61.5K	+23.0%
2 Bedrooms	$133.5K	$130K	-2.6%
3 Bedrooms	$165.7K	$195K	+17.7%
4 Bedrooms	$256.4K	$262K	+2.2%
5+ Bedrooms	$257.5K	$319.9K	+24.2%

Summary: 28304 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 24.2%.

Median Sold Price Compared To Nearby Zip Codes

ZIP	Mar 2023	Mar 2024	CHANGE
28304	$172.7K	$201.1K	+16.4%
28303	$190K	$215K	+13.2%
28314	$190K	$212.7K	+12.0%
28306	$269.8K	$286.3K	+6.1%
28305	$300K	$268.5K	-10.5%

Housing Supply in 28304, NC

How many homes are available in 28304, NC?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
155	161	+3.9%

Summary: The 28304 real estate market had 161 homes for sale in March 2024, a 3.9% 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	7	11	+57.1%
3 Bedrooms	108	112	+3.7%
4 Bedrooms	37	33	-10.8%
5+ Bedrooms	3	5	+66.7%

Summary: The 28304 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 57.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Feb 2024	Mar 2024	CHANGE
44	37	-15.9%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Key Takeaway

If you're buying a home in 28304, expect to pay close to the asking price. 45.9% of homes here sold near the asking price last month.

Summary: A total of 37 homes were sold or pending in 28304 in March 2024, down by 15.9% month-over-month. Of the 37 sold homes, 30% were sold under asking, 46% were sold at asking, and 24% were sold over asking.

Days on Market for 28304, NC

How long does it take to sell a home in 28304, NC?

Average Sale Time

Mar 2023	Mar 2024	CHANGE
52 Days	40 Days	-22.5%

Summary: Homes in 28304 had an average of 40 days on market in Mar 2024, down by 22.5% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Key Takeaway

Avg time on Rocket Homes in 28304 has remained consistent over time.

Summary: During March 2024, 37 homes were sold in 28304; 32% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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Newest Listings in 28304, NC

What homes are available in 28304, NC?

See More Listings

3 bedrooms, 2 full baths, 1 partial house for sale

$224,950

$2,671 Closing Credit

2 Full, 1 Partial

2135 Coinjock Cir, Fayetteville NC, 28304

MARLENE FERRERA

Listing Office:

ERA STROTHER REAL ESTATE

#LP723250

$70,000

$831 Closing Credit

639 SqFt

6376 Applecross Ave, Fayetteville NC, 28304

Steven L Gunter, Olatubosun Osibogun

Listing Office:

Compass -- Raleigh

#10024725

$300,650

$3,570 Closing Credit

1,914 SqFt

2205 Colgate Dr, Fayetteville NC, 28304

Listing Office:

Northgroup Real Estate

#723286

4 bedrooms, 2 full baths, 1 partial house for sale

3D Tour

$345,000

$4,097 Closing Credit

2 Full, 1 Partial

2087 Loganberry Dr, Fayetteville NC, 28304

MADONNA SORIANO

Listing Office:

SPOAT JACKSON & BROWNE LLC

#LP722706

$319,900

$3,799 Closing Credit

2,080 SqFt

2309 Village Dr, Fayetteville NC, 28304

Listing Office:

Coldwell Banker Advantage - Fayetteville

#723229

$220,000

$2,613 Closing Credit

1,787 SqFt

812 Sage Creek Ln Unit 8, Fayetteville NC, 28305

Listing Office:

Coldwell Banker Advantage - Fayetteville

#723205

3 bedrooms, 1 full bath, 1 partial house for sale

$178,000

$2,114 Closing Credit

1 Full, 1 Partial

1,180 SqFt

2131 Quail Ridge Dr, Fayetteville NC, 28304

Listing Office:

Black Smoke & Associates

#723184

$249,900

$2,968 Closing Credit

1,780 SqFt

2405 Colgate Dr, Fayetteville NC, 28304

Listing Office:

Keller Williams Realty-Fayetteville

#100439977

$167,500

$1,989 Closing Credit

1,328 SqFt

1841 Balmoral Dr Unit 204, Fayetteville NC, 28304

Listing Office:

Coldwell Banker Advantage - Fayetteville

#723165

$472,000

$5,605 Closing Credit

2 Full, 1 Partial

2,556 SqFt

1707 Hatherleigh Pl, Fayetteville NC, 28304

Listing Office:

Coldwell Banker Advantage - Fayetteville

#723103

$183,900

$2,184 Closing Credit

1,036 SqFt

6422 Rannock Dr, Fayetteville NC, 28304

Listing Office:

Douglas Real Estate

#723112

$249,000

$2,957 Closing Credit

2,036 SqFt

1941 Saint Paul Ave, Fayetteville NC, 28304

Listing Office:

Thomas Real Estate Services

#723110

Nearby Markets to 28304, NC

MLS Disclaimers and Copyright

Based on information from Triangle MLS, Longleaf Pine REALTORS®, and North Carolina Regional MLS for the period 04/01/2022 - 04/01/2024

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2024, 4:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2024, 4:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2024, 4:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.