Is 28904, 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, 28904 was a Seller's Market.
Housing Prices in 28904, NC
How much do homes in 28904, NC cost?
Median Sold Price
$414,900
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28904 was $414,900 in March 2024, up 18.9% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $216.2K | +35.2% |
2 Bedrooms | $257K | $335K | +30.4% |
3 Bedrooms | $389.9K | $455K | +16.7% |
4 Bedrooms | $565K | $647K | +14.5% |
5+ Bedrooms | $3.2M | $984K | -69.3% |
Summary: 28904 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.2%, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes decreased by 69.3%.
Housing Supply in 28904, NC
How many homes are available in 28904, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
103 | 124 | +20.4% |
Summary: The 28904 real estate market had 124 homes for sale in March 2024, a 20.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 24 | 38 | +58.3% |
3 Bedrooms | 55 | 57 | +3.6% |
4 Bedrooms | 20 | 25 | +25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 28904 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 58.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 28904 in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 28904, NC
How long does it take to sell a home in 28904, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 84 Days | +194.7% |
Summary: Homes in 28904 had an average of 84 days on market in Mar 2024, up by 194.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in 28904; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.