Is 28472, 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, 28472 was a Seller's Market.
Housing Prices in 28472, NC
How much do homes in 28472, NC cost?
Median Sold Price
$229,500
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28472 was $229,500 in March 2024, up 14.8% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | $154K | +71.1% |
2 Bedrooms | $100.5K | $95K | -5.5% |
3 Bedrooms | $187.5K | $223K | +18.9% |
4 Bedrooms | $367.5K | $312.5K | -15.0% |
5+ Bedrooms | $285K | $495K | +73.7% |
Summary: 28472 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.1%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 18.9%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 73.7%.
Median Sold Price Compared To Nearby Zip Codes
28472 | $200K | $229.5K | +14.8% |
28450 | $295K | $319.5K | +8.3% |
Housing Supply in 28472, NC
How many homes are available in 28472, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
58 | 59 | +1.7% |
Summary: The 28472 real estate market had 59 homes for sale in March 2024, a 1.7% 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 | 8 | 6 | -25.0% |
3 Bedrooms | 32 | 35 | +9.4% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 28472 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 25%, 3 bedroom homes increased by 9.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 28472 in March 2024, down by 18.2% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.
Days on Market for 28472, NC
How long does it take to sell a home in 28472, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 80 Days | +45.9% |
Summary: Homes in 28472 had an average of 80 days on market in Mar 2024, up by 45.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 28472; 22% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.