Is 28387, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 28387 has remained a Seller's Market.
Housing Prices in 28387, NC
How much do homes in 28387, NC cost?
Median Sold Price
$501,600
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 28387 was $501,600 in April 2024, up 11.7% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $111K | $118K | +6.3% |
2 Bedrooms | $288.9K | $302.5K | +4.7% |
3 Bedrooms | $425K | $440.2K | +3.6% |
4 Bedrooms | $525K | $589.4K | +12.3% |
5+ Bedrooms | $621.7K | $667.8K | +7.4% |
Summary: 28387 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 7.4%.
Housing Supply in 28387, NC
How many homes are available in 28387, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
142 | 154 | +8.5% |
Summary: The 28387 real estate market had 154 homes for sale in April 2024, a 8.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 17 | +41.7% |
3 Bedrooms | 63 | 67 | +6.3% |
4 Bedrooms | 53 | 52 | -1.9% |
5+ Bedrooms | 13 | 17 | +30.8% |
Summary: The 28387 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 30.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 38 | 0.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in 28387 in April 2024, the same as the previous month. Of the 38 sold homes, 37% were sold under asking, 45% were sold at asking, and 18% were sold over asking.
Days on Market for 28387, NC
How long does it take to sell a home in 28387, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 42 Days | +17.6% |
Summary: Homes in 28387 had an average of 42 days on market in Apr 2024, up by 17.6% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in 28387; 61% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.