Is 28690, 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, 28690 was a Seller's Market.
Key Takeaway
28690 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28690, NC
How much do homes in 28690, NC cost?
Median Sold Price
$239,900
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in 28690 has remained the same since last year.
Summary: The median home sold price in 28690 was $239,900 in April 2024, up 0.2% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $415K | N/A |
| 2 Bedrooms | $161.5K | $180K | +11.5% |
| 3 Bedrooms | $255K | $239.9K | -5.9% |
| 4 Bedrooms | $314.3K | $245K | -22.1% |
| 5+ Bedrooms | $318K | $369.9K | +16.3% |
Summary: 28690 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 increased by 11.5%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes increased by 16.3%.
Housing Supply in 28690, NC
How many homes are available in 28690, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 38 | +11.8% |
Summary: The 28690 real estate market had 38 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 28690 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 42.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28690, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 28690 in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for 28690, NC
How long does it take to sell a home in 28690, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 23 Days | -34.6% |
Summary: Homes in 28690 had an average of 23 days on market in Apr 2024, down by 34.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28690 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in 28690; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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