Is 28443, 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, 28443 has remained a Seller's Market.
Key Takeaway
28443 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28443, NC
How much do homes in 28443, NC cost?
Median Sold Price
$465,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 28443 have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in 28443 was $465,000 in March 2024, up 3.5% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | - | N/A |
| 2 Bedrooms | $218K | $235K | +7.8% |
| 3 Bedrooms | $404.5K | $400K | -1.1% |
| 4 Bedrooms | $494K | $521.7K | +5.6% |
| 5+ Bedrooms | $524.9K | $530K | +1.0% |
Summary: 28443 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 7.8%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 1%.
Housing Supply in 28443, NC
How many homes are available in 28443, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 220 | 240 | +9.1% |
Summary: The 28443 real estate market had 240 homes for sale in March 2024, a 9.1% 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 | 6 | 10 | +66.7% |
| 3 Bedrooms | 101 | 105 | +4.0% |
| 4 Bedrooms | 99 | 105 | +6.1% |
| 5+ Bedrooms | 14 | 20 | +42.9% |
Summary: The 28443 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 66.7%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 43 | +34.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28443, expect to pay close to the asking price. 41.9% of homes here sold near the asking price last month.
Summary: A total of 43 homes were sold or pending in 28443 in March 2024, up by 34.4% month-over-month. Of the 43 sold homes, 35% were sold under asking, 42% were sold at asking, and 23% were sold over asking.
Days on Market for 28443, NC
How long does it take to sell a home in 28443, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 41 Days | -2.1% |
Summary: Homes in 28443 had an average of 41 days on market in Mar 2024, down by 2.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28443 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 43 homes were sold in 28443; 56% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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