Is 28754, 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, 28754 was a Seller's Market.
Housing Prices in 28754, NC
How much do homes in 28754, NC cost?
Median Sold Price
$400,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28754 was $400,000 in March 2024, down 10.8% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $231.5K | $217.5K | -6.0% |
2 Bedrooms | $335K | $302.5K | -9.7% |
3 Bedrooms | $450K | $400K | -11.1% |
4 Bedrooms | $589.5K | $620K | +5.2% |
5+ Bedrooms | $425K | $1.0M | +135.3% |
Summary: 28754 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 135.3%.
Housing Supply in 28754, NC
How many homes are available in 28754, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 56 | +19.1% |
Summary: The 28754 real estate market had 56 homes for sale in March 2024, a 19.1% 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 | 10 | 10 | 0.0% |
3 Bedrooms | 31 | 36 | +16.1% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 28754 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 remained the same, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 28754 in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for 28754, NC
How long does it take to sell a home in 28754, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 112 Days | +65.2% |
Summary: Homes in 28754 had an average of 112 days on market in Mar 2024, up by 65.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 28754; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.