Is 28449, 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, 28449 was a Seller's Market.
Housing Prices in 28449, NC
How much do homes in 28449, NC cost?
Median Sold Price
$742,000
$434/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28449 was $742,000 in March 2024, up 17.8% from last year, and the median price per square foot was $434.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $315K | $335K | +6.3% |
2 Bedrooms | $475K | $490K | +3.2% |
3 Bedrooms | $639.5K | $734.5K | +14.9% |
4 Bedrooms | $937.5K | $1.0M | +11.7% |
5+ Bedrooms | $1.3M | $1.0M | -17.3% |
Summary: 28449 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 17.3%.
Housing Supply in 28449, NC
How many homes are available in 28449, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 50 | +2.0% |
Summary: The 28449 real estate market had 50 homes for sale in March 2024, a 2.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 16 | 15 | -6.3% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The 28449 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 28449 in March 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 28449, NC
How long does it take to sell a home in 28449, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 182 Days | +397.6% |
Summary: Homes in 28449 had an average of 182 days on market in Mar 2024, up by 397.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 28449; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.