Is 28461, 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, 28461 has remained a Seller's Market.
Housing Prices in 28461, NC
How much do homes in 28461, NC cost?
Median Sold Price
$437,264
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28461 was $437,264 in March 2024, up 0.3% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $273.5K | +5.2% |
2 Bedrooms | $310K | $303K | -2.3% |
3 Bedrooms | $410K | $418.8K | +2.2% |
4 Bedrooms | $676.9K | $780K | +15.2% |
5+ Bedrooms | $1.6M | $1.7M | +7.7% |
Summary: 28461 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 7.7%.
Housing Supply in 28461, NC
How many homes are available in 28461, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
325 | 375 | +15.4% |
Summary: The 28461 real estate market had 375 homes for sale in March 2024, a 15.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 11 | +22.2% |
2 Bedrooms | 32 | 44 | +37.5% |
3 Bedrooms | 210 | 233 | +11.0% |
4 Bedrooms | 59 | 68 | +15.3% |
5+ Bedrooms | 15 | 19 | +26.7% |
Summary: The 28461 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 26.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 70 | +55.6% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 70 homes were sold or pending in 28461 in March 2024, up by 55.6% month-over-month. Of the 70 sold homes, 69% were sold under asking, 24% were sold at asking, and 7% were sold over asking.
Days on Market for 28461, NC
How long does it take to sell a home in 28461, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 72 Days | +42.8% |
Summary: Homes in 28461 had an average of 72 days on market in Mar 2024, up by 42.8% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During March 2024, 70 homes were sold in 28461; 56% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.