Is 28759, 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, 28759 was a Seller's Market.
Housing Prices in 28759, NC
How much do homes in 28759, NC cost?
Median Sold Price
$599,000
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28759 was $599,000 in March 2024, up 10.9% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $250K | -2.0% |
2 Bedrooms | $385K | $307.5K | -20.1% |
3 Bedrooms | $510K | $560K | +9.8% |
4 Bedrooms | $710.5K | $860K | +21.0% |
5+ Bedrooms | $805K | $1.1M | +40.6% |
Summary: 28759 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes decreased by 20.1%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 21%, and 5+ bedroom homes increased by 40.6%.
Housing Supply in 28759, NC
How many homes are available in 28759, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 38 | +15.2% |
Summary: The 28759 real estate market had 38 homes for sale in March 2024, a 15.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 24 | 26 | +8.3% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 28759 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 28759 in March 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 28759, NC
How long does it take to sell a home in 28759, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 52 Days | +65.0% |
Summary: Homes in 28759 had an average of 52 days on market in Mar 2024, up by 65% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 28759; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.