Is 28630, 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, 28630 was a Seller's Market.
Key Takeaway
28630 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 28630, NC
How much do homes in 28630, NC cost?
Median Sold Price
$250,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 28630 have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in 28630 was $250,000 in March 2024, down 2.7% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $175K | -14.6% |
| 2 Bedrooms | $181.5K | $130K | -28.4% |
| 3 Bedrooms | $256.4K | $263K | +2.6% |
| 4 Bedrooms | $419K | $557.5K | +33.1% |
| 5+ Bedrooms | $506K | $630K | +24.5% |
Summary: 28630 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes decreased by 28.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 33.1%, and 5+ bedroom homes increased by 24.5%.
Housing Supply in 28630, NC
How many homes are available in 28630, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 61 | 59 | -3.3% |
Summary: The 28630 real estate market had 59 homes for sale in March 2024, a 3.3% decrease 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 | 10 | 11 | +10.0% |
| 3 Bedrooms | 33 | 32 | -3.0% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 28630 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 10%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28630, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 28630 in March 2024, down by 35.7% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for 28630, NC
How long does it take to sell a home in 28630, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 26 Days | -19.2% |
Summary: Homes in 28630 had an average of 26 days on market in Mar 2024, down by 19.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28630 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in 28630; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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