Is 28532, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 28532 has remained a Seller's Market.
Key Takeaway
28532 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28532, NC
How much do homes in 28532, NC cost?
Median Sold Price
$238,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 28532 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 28532 was $238,000 in March 2024, up 4.6% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $132.2K | $150.9K | +14.1% |
| 3 Bedrooms | $227K | $235K | +3.5% |
| 4 Bedrooms | $269.9K | $305K | +13.0% |
| 5+ Bedrooms | $325K | $375K | +15.4% |
Summary: 28532 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 15.4%.
Housing Supply in 28532, NC
How many homes are available in 28532, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 84 | 86 | +2.4% |
Summary: The 28532 real estate market had 86 homes for sale in March 2024, a 2.4% 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 59 | 58 | -1.7% |
| 4 Bedrooms | 19 | 21 | +10.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 28532 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 decreased by 1.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28532, expect to pay close to the asking price. 47.8% of homes here sold near the asking price last month.
Summary: A total of 23 homes were sold or pending in 28532 in March 2024, the same as the previous month. Of the 23 sold homes, 39% were sold under asking, 48% were sold at asking, and 13% were sold over asking.
Days on Market for 28532, NC
How long does it take to sell a home in 28532, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 33 Days | 52 Days | +55.7% |
Summary: Homes in 28532 had an average of 52 days on market in Mar 2024, up by 55.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28532 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 23 homes were sold in 28532; 39% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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