Is 28681, 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, 28681 has remained a Seller's Market.
Key Takeaway
28681 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28681, NC
How much do homes in 28681, NC cost?
Median Sold Price
$285,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 28681 have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in 28681 was $285,000 in April 2024, up 7.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $207.5K | -17.0% |
| 2 Bedrooms | $167K | $170K | +1.8% |
| 3 Bedrooms | $275.2K | $310K | +12.6% |
| 4 Bedrooms | $442.3K | $393.2K | -11.1% |
| 5+ Bedrooms | $311.4K | $1.0M | +250.0% |
Summary: 28681 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 12.6%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 250%.
Housing Supply in 28681, NC
How many homes are available in 28681, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 73 | 80 | +9.6% |
Summary: The 28681 real estate market had 80 homes for sale in April 2024, a 9.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 23 | 18 | -21.7% |
| 3 Bedrooms | 41 | 48 | +17.1% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 28681 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 21.7%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28681, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 28681 in April 2024, up by 27.3% month-over-month. Of the 14 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% were sold over asking.
Days on Market for 28681, NC
How long does it take to sell a home in 28681, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 22 Days | -45.0% |
Summary: Homes in 28681 had an average of 22 days on market in Apr 2024, down by 45% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28681 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in 28681; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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