Is 28655, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 28655 has remained a Seller's Market.
Key Takeaway
28655 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28655, NC
How much do homes in 28655, NC cost?
Median Sold Price
$268,021
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 28655 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 28655 was $268,021 in April 2024, up 7.2% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $148K | $190K | +28.4% |
| 2 Bedrooms | $182K | $179K | -1.6% |
| 3 Bedrooms | $251.1K | $277K | +10.3% |
| 4 Bedrooms | $300K | $394K | +31.3% |
| 5+ Bedrooms | $425K | $435K | +2.4% |
Summary: 28655 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.4%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in 28655, NC
How many homes are available in 28655, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 181 | 211 | +16.6% |
Summary: The 28655 real estate market had 211 homes for sale in April 2024, a 16.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 35 | 38 | +8.6% |
| 3 Bedrooms | 108 | 127 | +17.6% |
| 4 Bedrooms | 27 | 34 | +25.9% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 28655 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 increased by 8.6%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 44 | +29.4% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28655, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in 28655 in April 2024, up by 29.4% month-over-month. Of the 44 sold homes, 68% were sold under asking, 9% were sold at asking, and 23% were sold over asking.
Days on Market for 28655, NC
How long does it take to sell a home in 28655, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 31 Days | -1.4% |
Summary: Homes in 28655 had an average of 31 days on market in Apr 2024, down by 1.4% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28655 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 44 homes were sold in 28655; 68% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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