Is 28470, 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, 28470 was a Seller's Market.
Housing Prices in 28470, NC
How much do homes in 28470, NC cost?
Median Sold Price
$338,450
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28470 was $338,450 in March 2024, up 8.1% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $164.9K | $212K | +28.6% |
2 Bedrooms | $232.5K | $319K | +37.2% |
3 Bedrooms | $306K | $337.4K | +10.3% |
4 Bedrooms | $352.5K | $342K | -3.0% |
5+ Bedrooms | $349K | $380K | +8.9% |
Summary: 28470 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 37.2%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 8.9%.
Housing Supply in 28470, NC
How many homes are available in 28470, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 72 | +16.1% |
Summary: The 28470 real estate market had 72 homes for sale in March 2024, a 16.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 44 | 51 | +15.9% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 28470 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 25%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 28470 in March 2024, up by 42.9% month-over-month. Of the 10 sold homes, 70% were sold under asking, 30% were sold at asking, and 0% were sold over asking.
Days on Market for 28470, NC
How long does it take to sell a home in 28470, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 90 Days | +126.3% |
Summary: Homes in 28470 had an average of 90 days on market in Mar 2024, up by 126.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 28470; 30% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.