Is 28468, 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, 28468 was a Seller's Market.
Key Takeaway
28468 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28468, NC
How much do homes in 28468, NC cost?
Median Sold Price
$450,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 28468 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 28468 was $450,000 in March 2024, up 2.2% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $140K | +7.7% |
| 2 Bedrooms | $260K | $260.2K | 0.1% |
| 3 Bedrooms | $392K | $390K | -0.5% |
| 4 Bedrooms | $540.6K | $628.3K | +16.2% |
| 5+ Bedrooms | $1.0M | $792.5K | -26.3% |
Summary: 28468 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 0.1%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes decreased by 26.3%.
Housing Supply in 28468, NC
How many homes are available in 28468, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 101 | 124 | +22.8% |
Summary: The 28468 real estate market had 124 homes for sale in March 2024, a 22.8% 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 | 22 | 20 | -9.1% |
| 3 Bedrooms | 51 | 66 | +29.4% |
| 4 Bedrooms | 22 | 28 | +27.3% |
| 5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The 28468 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 decreased by 9.1%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28468, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 28468 in March 2024, down by 27.8% month-over-month. Of the 13 sold homes, 85% were sold under asking, 15% were sold at asking, and 0% were sold over asking.
Days on Market for 28468, NC
How long does it take to sell a home in 28468, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 81 Days | +88.2% |
Summary: Homes in 28468 had an average of 81 days on market in Mar 2024, up by 88.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 28468 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 13 homes were sold in 28468; 31% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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