Is 28650, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 28650 was a Neutral Market.
Key Takeaway
28650 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28650, NC
How much do homes in 28650, NC cost?
Median Sold Price
$263,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 28650 have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in 28650 was $263,000 in April 2024, down 6.2% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $182.2K | $167.5K | -8.1% |
| 3 Bedrooms | $305K | $262.5K | -13.9% |
| 4 Bedrooms | $353.7K | $365K | +3.2% |
| 5+ Bedrooms | $582.5K | $400K | -31.3% |
Summary: 28650 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 31.3%.
Housing Supply in 28650, NC
How many homes are available in 28650, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 39 | 47 | +20.5% |
Summary: The 28650 real estate market had 47 homes for sale in April 2024, a 20.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 23 | 33 | +43.5% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 28650 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 43.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28650, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 28650 in April 2024, down by 38.5% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 28650, NC
How long does it take to sell a home in 28650, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 30 Days | 27 Days | -9.4% |
Summary: Homes in 28650 had an average of 27 days on market in Apr 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28650 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in 28650; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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