Is 28746, 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, 28746 has remained a Seller's Market.
Housing Prices in 28746, NC
How much do homes in 28746, NC cost?
Median Sold Price
$460,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28746 was $460,000 in March 2024, down 1.1% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $150K | +7.1% |
2 Bedrooms | $400K | $365K | -8.8% |
3 Bedrooms | $567.2K | $570K | 0.5% |
4 Bedrooms | $899K | $957.5K | +6.5% |
5+ Bedrooms | $1.3M | $2.0M | +58.4% |
Summary: 28746 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 58.4%.
Housing Supply in 28746, NC
How many homes are available in 28746, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 81 | +9.5% |
Summary: The 28746 real estate market had 81 homes for sale in March 2024, a 9.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 20 | 24 | +20.0% |
3 Bedrooms | 36 | 40 | +11.1% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 28746 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 14 | +75.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 28746 in March 2024, up by 75.0% month-over-month. Of the 14 sold homes, 71% were sold under asking, 21% were sold at asking, and 7% were sold over asking.
Days on Market for 28746, NC
How long does it take to sell a home in 28746, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 76 Days | +142.5% |
Summary: Homes in 28746 had an average of 76 days on market in Mar 2024, up by 142.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in 28746; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.