Is 28036, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 28036 was a Seller's Market.
Key Takeaway
28036 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28036, NC
How much do homes in 28036, NC cost?
Median Sold Price
$630,266
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 28036 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 28036 was $630,266 in April 2024, up 5% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $290K | 0.0% |
| 2 Bedrooms | $322.5K | $419K | +29.9% |
| 3 Bedrooms | $513.2K | $582.6K | +13.5% |
| 4 Bedrooms | $735K | $790K | +7.5% |
| 5+ Bedrooms | $866.1K | $1.0M | +16.3% |
Summary: 28036 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.9%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 16.3%.
Housing Supply in 28036, NC
How many homes are available in 28036, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 157 | 169 | +7.6% |
Summary: The 28036 real estate market had 169 homes for sale in April 2024, a 7.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 57 | 57 | 0.0% |
| 4 Bedrooms | 69 | 75 | +8.7% |
| 5+ Bedrooms | 15 | 22 | +46.7% |
Summary: The 28036 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 46.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 24 | -47.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28036, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 28036 in April 2024, down by 47.8% month-over-month. Of the 24 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for 28036, NC
How long does it take to sell a home in 28036, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 46 Days | 21 Days | -54.8% |
Summary: Homes in 28036 had an average of 21 days on market in Apr 2024, down by 54.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28036 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 24 homes were sold in 28036; 92% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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