Is 28457, 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, 28457 was a Buyer's Market.
Key Takeaway
28457 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28457, NC
How much do homes in 28457, NC cost?
Median Sold Price
$417,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 28457 have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in 28457 was $417,000 in April 2024, up 13.5% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $200K | -7.0% |
| 3 Bedrooms | $355K | $362.6K | +2.1% |
| 4 Bedrooms | $389.9K | $477.5K | +22.5% |
| 5+ Bedrooms | $455K | $484K | +6.4% |
Summary: 28457 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 decreased by 7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 6.4%.
Housing Supply in 28457, NC
How many homes are available in 28457, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 86 | 73 | -15.1% |
Summary: The 28457 real estate market had 73 homes for sale in April 2024, a 15.1% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 49 | 40 | -18.4% |
| 4 Bedrooms | 31 | 26 | -16.1% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 28457 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 remained the same, 3 bedroom homes decreased by 18.4%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28457, expect to pay close to the asking price. 42.1% of homes here sold near the asking price last month.
Summary: A total of 19 homes were sold or pending in 28457 in April 2024, down by 5.0% month-over-month. Of the 19 sold homes, 32% were sold under asking, 42% were sold at asking, and 26% were sold over asking.
Days on Market for 28457, NC
How long does it take to sell a home in 28457, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 91 Days | +673.4% |
Summary: Homes in 28457 had an average of 91 days on market in Apr 2024, up by 673.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28457 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in 28457; 42% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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