Is 28394, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 28394 was a Seller's Market.
Housing Prices in 28394, NC
How much do homes in 28394, NC cost?
Median Sold Price
$374,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 28394 was $374,000 in April 2024, down 0.1% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $435K | N/A |
2 Bedrooms | $181.6K | $190K | +4.6% |
3 Bedrooms | $365K | $310K | -15.1% |
4 Bedrooms | $382K | $403K | +5.5% |
5+ Bedrooms | $425K | $490K | +15.3% |
Summary: 28394 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 15.3%.
Housing Supply in 28394, NC
How many homes are available in 28394, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 67 | +11.7% |
Summary: The 28394 real estate market had 67 homes for sale in April 2024, a 11.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 25 | 30 | +20.0% |
4 Bedrooms | 30 | 30 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 28394 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 100%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 28394 in April 2024, the same as the previous month. Of the 11 sold homes, 18% were sold under asking, 27% were sold at asking, and 55% were sold over asking.
Days on Market for 28394, NC
How long does it take to sell a home in 28394, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
120 Days | 76 Days | -36.8% |
Summary: Homes in 28394 had an average of 76 days on market in Apr 2024, down by 36.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 28394; 27% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.