Is 28465, 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, 28465 was a Seller's Market.
Key Takeaway
28465 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 28465, NC
How much do homes in 28465, NC cost?
Median Sold Price
$595,000
$407/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 28465 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 28465 was $595,000 in March 2024, up 7.5% from last year, and the median price per square foot was $407.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $525K | $347.9K | -33.7% |
| 2 Bedrooms | $373K | $390K | +4.6% |
| 3 Bedrooms | $549K | $585.9K | +6.7% |
| 4 Bedrooms | $857.5K | $788K | -8.1% |
| 5+ Bedrooms | $1.2M | $1.2M | +4.2% |
Summary: 28465 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.7%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 4.2%.
Housing Supply in 28465, NC
How many homes are available in 28465, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 271 | 298 | +10.0% |
Summary: The 28465 real estate market had 298 homes for sale in March 2024, a 10.0% 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 | 29 | 32 | +10.3% |
| 3 Bedrooms | 151 | 163 | +7.9% |
| 4 Bedrooms | 46 | 59 | +28.3% |
| 5+ Bedrooms | 45 | 44 | -2.2% |
Summary: The 28465 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 10.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes decreased by 2.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 49 | +48.5% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28465, you may be able to get a good deal. 67.3% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in 28465 in March 2024, up by 48.5% month-over-month. Of the 49 sold homes, 67% were sold under asking, 20% were sold at asking, and 12% were sold over asking.
Days on Market for 28465, NC
How long does it take to sell a home in 28465, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 62 Days | 70 Days | +13.1% |
Summary: Homes in 28465 had an average of 70 days on market in Mar 2024, up by 13.1% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28465 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 49 homes were sold in 28465; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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