Is 28804, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 28804 has remained a Seller's Market.
Housing Prices in 28804, NC
How much do homes in 28804, NC cost?
Median Sold Price
$620,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 28804 was $620,000 in April 2024, down 0.3% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195.5K | $226K | +15.6% |
2 Bedrooms | $386K | $426.2K | +10.4% |
3 Bedrooms | $581.3K | $585K | +0.6% |
4 Bedrooms | $866K | $845K | -2.4% |
5+ Bedrooms | $1.2M | $1.3M | +8.2% |
Summary: 28804 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 8.2%.
Housing Supply in 28804, NC
How many homes are available in 28804, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
103 | 126 | +22.3% |
Summary: The 28804 real estate market had 126 homes for sale in April 2024, a 22.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 17 | 19 | +11.8% |
3 Bedrooms | 57 | 70 | +22.8% |
4 Bedrooms | 17 | 22 | +29.4% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 28804 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 22.8%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 24 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 28804 in April 2024, the same as the previous month. Of the 24 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for 28804, NC
How long does it take to sell a home in 28804, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 48 Days | +270.9% |
Summary: Homes in 28804 had an average of 48 days on market in Apr 2024, up by 270.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in 28804; 63% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.