Is 28732, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 28732 has remained a Seller's Market.
Housing Prices in 28732, NC
How much do homes in 28732, NC cost?
Median Sold Price
$444,916
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28732 was $444,916 in March 2024, up 5.8% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $485K | $305K | -37.1% |
2 Bedrooms | $299.5K | $342K | +14.2% |
3 Bedrooms | $403.1K | $416K | +3.2% |
4 Bedrooms | $575K | $551K | -4.2% |
5+ Bedrooms | $650K | $895K | +37.7% |
Summary: 28732 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.1%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 37.7%.
Housing Supply in 28732, NC
How many homes are available in 28732, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
89 | 113 | +27.0% |
Summary: The 28732 real estate market had 113 homes for sale in March 2024, a 27.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 7 | 13 | +85.7% |
3 Bedrooms | 46 | 57 | +23.9% |
4 Bedrooms | 31 | 35 | +12.9% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 28732 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 85.7%, 3 bedroom homes increased by 23.9%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 28732 in March 2024, up by 4.5% month-over-month. Of the 23 sold homes, 74% were sold under asking, 9% were sold at asking, and 17% were sold over asking.
Days on Market for 28732, NC
How long does it take to sell a home in 28732, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
10 Days | 40 Days | +267.0% |
Summary: Homes in 28732 had an average of 40 days on market in Mar 2024, up by 267% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 28732; 61% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.