Is 28806, 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, 28806 has remained a Seller's Market.
Housing Prices in 28806, NC
How much do homes in 28806, NC cost?
Median Sold Price
$423,020
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28806 was $423,020 in March 2024, up 4.4% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $358.4K | $315K | -12.1% |
2 Bedrooms | $347.4K | $329K | -5.3% |
3 Bedrooms | $412.1K | $430.1K | +4.4% |
4 Bedrooms | $555K | $638.5K | +15.0% |
5+ Bedrooms | $705K | $613.5K | -13.0% |
Summary: 28806 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.1%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 13%.
Housing Supply in 28806, NC
How many homes are available in 28806, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
166 | 186 | +12.0% |
Summary: The 28806 real estate market had 186 homes for sale in March 2024, a 12.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 32 | 32 | 0.0% |
3 Bedrooms | 92 | 109 | +18.5% |
4 Bedrooms | 35 | 34 | -2.9% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 28806 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 remained the same, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 47 | +46.9% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in 28806 in March 2024, up by 46.9% month-over-month. Of the 47 sold homes, 55% were sold under asking, 21% were sold at asking, and 23% were sold over asking.
Days on Market for 28806, NC
How long does it take to sell a home in 28806, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 45 Days | -3.2% |
Summary: Homes in 28806 had an average of 45 days on market in Mar 2024, down by 3.2% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 47 homes were sold in 28806; 51% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.