Is 28791, 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, 28791 has remained a Seller's Market.
Housing Prices in 28791, NC
How much do homes in 28791, NC cost?
Median Sold Price
$440,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28791 was $440,000 in March 2024, up 3.5% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $157.6K | $228.5K | +44.9% |
2 Bedrooms | $318.5K | $339.9K | +6.7% |
3 Bedrooms | $440K | $425K | -3.4% |
4 Bedrooms | $590K | $517.4K | -12.3% |
5+ Bedrooms | $547.7K | $570.6K | +4.2% |
Summary: 28791 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.9%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes increased by 4.2%.
Housing Supply in 28791, NC
How many homes are available in 28791, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
76 | 87 | +14.5% |
Summary: The 28791 real estate market had 87 homes for sale in March 2024, a 14.5% 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 | 12 | 16 | +33.3% |
3 Bedrooms | 48 | 54 | +12.5% |
4 Bedrooms | 15 | 13 | -13.3% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 28791 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 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 21 | +133.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 28791 in March 2024, up by 133.3% month-over-month. Of the 21 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.
Days on Market for 28791, NC
How long does it take to sell a home in 28791, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 51 Days | -14.4% |
Summary: Homes in 28791 had an average of 51 days on market in Mar 2024, down by 14.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 28791; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.