Is 28787, 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, 28787 has remained a Seller's Market.
Housing Prices in 28787, NC
How much do homes in 28787, NC cost?
Median Sold Price
$535,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28787 was $535,000 in March 2024, up 19% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $284.9K | $329.5K | +15.7% |
2 Bedrooms | $355.3K | $395.9K | +11.4% |
3 Bedrooms | $440K | $537K | +22.0% |
4 Bedrooms | $536.8K | $745K | +38.8% |
5+ Bedrooms | $849K | $849.5K | 0.1% |
Summary: 28787 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 38.8%, and 5+ bedroom homes increased by 0.1%.
Housing Supply in 28787, NC
How many homes are available in 28787, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
93 | 108 | +16.1% |
Summary: The 28787 real estate market had 108 homes for sale in March 2024, a 16.1% 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 | 23 | 21 | -8.7% |
3 Bedrooms | 57 | 69 | +21.1% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The 28787 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 decreased by 8.7%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 28787 in March 2024, up by 26.3% month-over-month. Of the 24 sold homes, 58% were sold under asking, 38% were sold at asking, and 4% were sold over asking.
Days on Market for 28787, NC
How long does it take to sell a home in 28787, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 53 Days | +60.2% |
Summary: Homes in 28787 had an average of 53 days on market in Mar 2024, up by 60.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in 28787; 63% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.