Is 28658, 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, 28658 was a Seller's Market.
Housing Prices in 28658, NC
How much do homes in 28658, NC cost?
Median Sold Price
$258,500
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28658 was $258,500 in March 2024, up 5.5% 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 | - | $57.5K | N/A |
2 Bedrooms | $148K | $177.4K | +19.9% |
3 Bedrooms | $245K | $255K | +4.1% |
4 Bedrooms | $339.9K | $280K | -17.6% |
5+ Bedrooms | $479K | $462.5K | -3.4% |
Summary: 28658 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 19.9%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 3.4%.
Housing Supply in 28658, NC
How many homes are available in 28658, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
70 | 92 | +31.4% |
Summary: The 28658 real estate market had 92 homes for sale in March 2024, a 31.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 15 | +7.1% |
3 Bedrooms | 47 | 62 | +31.9% |
4 Bedrooms | 7 | 13 | +85.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 28658 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 7.1%, 3 bedroom homes increased by 31.9%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 28658 in March 2024, the same as the previous month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for 28658, NC
How long does it take to sell a home in 28658, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 42 Days | +25.2% |
Summary: Homes in 28658 had an average of 42 days on market in Mar 2024, up by 25.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 28658; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.