Is 28779, 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, 28779 was a Seller's Market.
Housing Prices in 28779, NC
How much do homes in 28779, NC cost?
Median Sold Price
$325,000
$217/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Summary: The median home sold price in 28779 was $325,000 in March 2024, the same as last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72.5K | $193.7K | +167.2% |
2 Bedrooms | $253.6K | $320K | +26.2% |
3 Bedrooms | $330K | $307.5K | -6.8% |
4 Bedrooms | $910K | $532.5K | -41.5% |
5+ Bedrooms | $725K | $1.4M | +103.5% |
Summary: 28779 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 167.2%, 2 bedroom homes increased by 26.2%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 41.5%, and 5+ bedroom homes increased by 103.5%.
Median Sold Price Compared To Nearby Zip Codes
28779 | $325K | $325K | 0.0% |
28789 | $369.3K | $325K | -12.0% |
Housing Supply in 28779, NC
How many homes are available in 28779, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 58 | +75.8% |
Summary: The 28779 real estate market had 58 homes for sale in March 2024, a 75.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 8 | 20 | +150.0% |
3 Bedrooms | 20 | 27 | +35.0% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 28779 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 150%, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 28779 in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 28779, NC
How long does it take to sell a home in 28779, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 22 Days | -49.8% |
Summary: Homes in 28779 had an average of 22 days on market in Mar 2024, down by 49.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 28779; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.