Is 28803, 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, 28803 was a Seller's Market.
Housing Prices in 28803, NC
How much do homes in 28803, NC cost?
Median Sold Price
$474,333
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28803 was $474,333 in March 2024, the same as last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $267.5K | $269.5K | +0.7% |
2 Bedrooms | $305K | $315K | +3.3% |
3 Bedrooms | $458.6K | $474K | +3.3% |
4 Bedrooms | $842.6K | $810K | -3.9% |
5+ Bedrooms | $1.4M | $1.3M | -5.9% |
Summary: 28803 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 5.9%.
Housing Supply in 28803, NC
How many homes are available in 28803, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
160 | 185 | +15.6% |
Summary: The 28803 real estate market had 185 homes for sale in March 2024, a 15.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 16 | +23.1% |
2 Bedrooms | 26 | 31 | +19.2% |
3 Bedrooms | 60 | 64 | +6.7% |
4 Bedrooms | 38 | 49 | +28.9% |
5+ Bedrooms | 23 | 25 | +8.7% |
Summary: The 28803 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes increased by 8.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 30 | +20.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 28803 in March 2024, up by 20.0% month-over-month. Of the 30 sold homes, 53% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for 28803, NC
How long does it take to sell a home in 28803, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
56 Days | 58 Days | +4.0% |
Summary: Homes in 28803 had an average of 58 days on market in Mar 2024, up by 4% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 30 homes were sold in 28803; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.