Is 28792, 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, 28792 was a Seller's Market.
Housing Prices in 28792, NC
How much do homes in 28792, NC cost?
Median Sold Price
$375,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28792 was $375,000 in March 2024, up 4.2% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $272.5K | $281K | +3.1% |
2 Bedrooms | $275K | $295K | +7.3% |
3 Bedrooms | $379K | $418.2K | +10.4% |
4 Bedrooms | $437.8K | $539.6K | +23.2% |
5+ Bedrooms | $601.8K | $487.8K | -18.9% |
Summary: 28792 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes decreased by 18.9%.
Housing Supply in 28792, NC
How many homes are available in 28792, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
124 | 141 | +13.7% |
Summary: The 28792 real estate market had 141 homes for sale in March 2024, a 13.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 23 | 29 | +26.1% |
3 Bedrooms | 85 | 93 | +9.4% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 28792 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 26.1%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 23 | -30.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 28792 in March 2024, down by 30.3% month-over-month. Of the 23 sold homes, 65% were sold under asking, 22% were sold at asking, and 13% were sold over asking.
Days on Market for 28792, NC
How long does it take to sell a home in 28792, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 52 Days | +33.3% |
Summary: Homes in 28792 had an average of 52 days on market in Mar 2024, up by 33.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 28792; 65% 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.