Is 28677, 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, 28677 was a Seller's Market.
Housing Prices in 28677, NC
How much do homes in 28677, NC cost?
Median Sold Price
$269,704
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28677 was $269,704 in March 2024, up 8% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145.5K | - | N/A |
2 Bedrooms | $152K | $164.9K | +8.5% |
3 Bedrooms | $245.2K | $254.7K | +3.9% |
4 Bedrooms | $371.1K | $320K | -13.8% |
5+ Bedrooms | $437.5K | $352K | -19.5% |
Summary: 28677 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 8.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 19.5%.
Housing Supply in 28677, NC
How many homes are available in 28677, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
250 | 253 | +1.2% |
Summary: The 28677 real estate market had 253 homes for sale in March 2024, a 1.2% increase 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 | 39 | 39 | 0.0% |
3 Bedrooms | 124 | 128 | +3.2% |
4 Bedrooms | 54 | 60 | +11.1% |
5+ Bedrooms | 33 | 26 | -21.2% |
Summary: The 28677 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 remained the same, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 21.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 41 | -24.1% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in 28677 in March 2024, down by 24.1% month-over-month. Of the 41 sold homes, 56% were sold under asking, 15% were sold at asking, and 29% were sold over asking.
Days on Market for 28677, NC
How long does it take to sell a home in 28677, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 82 Days | +83.1% |
Summary: Homes in 28677 had an average of 82 days on market in Mar 2024, up by 83.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 41 homes were sold in 28677; 41% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.