Is 28645, 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, 28645 has remained a Seller's Market.
Key Takeaway
28645 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28645, NC
How much do homes in 28645, NC cost?
Median Sold Price
$240,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 28645 have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in 28645 was $240,000 in March 2024, up 14.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132K | $134.9K | +2.2% |
| 2 Bedrooms | $165K | $173K | +4.8% |
| 3 Bedrooms | $214.5K | $240K | +11.9% |
| 4 Bedrooms | $295K | $277.9K | -5.8% |
| 5+ Bedrooms | $380K | $565K | +48.7% |
Summary: 28645 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 48.7%.
Housing Supply in 28645, NC
How many homes are available in 28645, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 151 | 170 | +12.6% |
Summary: The 28645 real estate market had 170 homes for sale in March 2024, a 12.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 32 | 29 | -9.4% |
| 3 Bedrooms | 83 | 94 | +13.3% |
| 4 Bedrooms | 26 | 32 | +23.1% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The 28645 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.4%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 46 | +31.4% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28645, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in 28645 in March 2024, up by 31.4% month-over-month. Of the 46 sold homes, 46% were sold under asking, 35% were sold at asking, and 20% were sold over asking.
Days on Market for 28645, NC
How long does it take to sell a home in 28645, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 26 Days | 44 Days | +68.2% |
Summary: Homes in 28645 had an average of 44 days on market in Mar 2024, up by 68.2% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28645 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 46 homes were sold in 28645; 54% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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