Is 28374, 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, 28374 has remained a Seller's Market.
Housing Prices in 28374, NC
How much do homes in 28374, NC cost?
Median Sold Price
$495,312
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28374 was $495,312 in March 2024, up 2.4% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $212.5K | -5.6% |
2 Bedrooms | $335K | $362K | +8.1% |
3 Bedrooms | $436.7K | $459.5K | +5.2% |
4 Bedrooms | $580K | $575K | -0.9% |
5+ Bedrooms | $925K | $975K | +5.4% |
Summary: 28374 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 5.4%.
Housing Supply in 28374, NC
How many homes are available in 28374, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
178 | 184 | +3.4% |
Summary: The 28374 real estate market had 184 homes for sale in March 2024, a 3.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 7 | +133.3% |
2 Bedrooms | 17 | 19 | +11.8% |
3 Bedrooms | 84 | 70 | -16.7% |
4 Bedrooms | 56 | 65 | +16.1% |
5+ Bedrooms | 18 | 23 | +27.8% |
Summary: The 28374 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes increased by 11.8%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 27.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 44 | +33.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in 28374 in March 2024, up by 33.3% month-over-month. Of the 44 sold homes, 52% were sold under asking, 20% were sold at asking, and 27% were sold over asking.
Days on Market for 28374, NC
How long does it take to sell a home in 28374, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 49 Days | +9.0% |
Summary: Homes in 28374 had an average of 49 days on market in Mar 2024, up by 9% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 44 homes were sold in 28374; 52% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.