Is 28467, 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, 28467 was a Seller's Market.
Key Takeaway
28467 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 28467, NC
How much do homes in 28467, NC cost?
Median Sold Price
$328,170
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 28467 have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in 28467 was $328,170 in March 2024, down 1.7% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98.9K | $139.9K | +41.5% |
| 2 Bedrooms | $239.9K | $246.2K | +2.6% |
| 3 Bedrooms | $335.8K | $339.8K | +1.2% |
| 4 Bedrooms | $430K | $445K | +3.5% |
| 5+ Bedrooms | $540.2K | $438.2K | -18.9% |
Summary: 28467 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.5%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 18.9%.
Housing Supply in 28467, NC
How many homes are available in 28467, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 287 | 324 | +12.9% |
Summary: The 28467 real estate market had 324 homes for sale in March 2024, a 12.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 49 | 55 | +12.2% |
| 3 Bedrooms | 171 | 201 | +17.5% |
| 4 Bedrooms | 49 | 50 | +2.0% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 28467 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 47 | +56.7% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28467, you may be able to get a good deal. 61.7% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 28467 in March 2024, up by 56.7% month-over-month. Of the 47 sold homes, 62% were sold under asking, 21% were sold at asking, and 17% were sold over asking.
Days on Market for 28467, NC
How long does it take to sell a home in 28467, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 70 Days | 94 Days | +33.5% |
Summary: Homes in 28467 had an average of 94 days on market in Mar 2024, up by 33.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 28467 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 47 homes were sold in 28467; 32% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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