Is 28445, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 28445 was a Seller's Market.
Key Takeaway
28445 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 28445, NC
How much do homes in 28445, NC cost?
Median Sold Price
$468,078
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 28445 have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in 28445 was $468,078 in March 2024, up 2.1% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $375.5K | 0.1% |
| 2 Bedrooms | $235K | $308K | +31.1% |
| 3 Bedrooms | $338.1K | $365K | +7.9% |
| 4 Bedrooms | $600K | $625K | +4.2% |
| 5+ Bedrooms | $897.5K | $974K | +8.5% |
Summary: 28445 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 31.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 8.5%.
Housing Supply in 28445, NC
How many homes are available in 28445, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 209 | 233 | +11.5% |
Summary: The 28445 real estate market had 233 homes for sale in March 2024, a 11.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 21 | 21 | 0.0% |
| 3 Bedrooms | 86 | 91 | +5.8% |
| 4 Bedrooms | 74 | 85 | +14.9% |
| 5+ Bedrooms | 26 | 33 | +26.9% |
Summary: The 28445 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 26.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 35 | +6.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28445, you may be able to get a good deal. 48.6% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in 28445 in March 2024, up by 6.1% month-over-month. Of the 35 sold homes, 49% were sold under asking, 31% were sold at asking, and 20% were sold over asking.
Days on Market for 28445, NC
How long does it take to sell a home in 28445, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 43 Days | -19.9% |
Summary: Homes in 28445 had an average of 43 days on market in Mar 2024, down by 19.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28445 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 35 homes were sold in 28445; 60% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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