Is 28146, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 28146 has remained a Seller's Market.
Key Takeaway
28146 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28146, NC
How much do homes in 28146, NC cost?
Median Sold Price
$300,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 28146 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 28146 was $300,000 in May 2024, up 2.5% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $355K | - | N/A |
| 2 Bedrooms | $200K | $242.5K | +21.3% |
| 3 Bedrooms | $285K | $294K | +3.2% |
| 4 Bedrooms | $360K | $395.4K | +9.8% |
| 5+ Bedrooms | $437.9K | $782.6K | +78.7% |
Summary: 28146 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 78.7%.
Housing Supply in 28146, NC
How many homes are available in 28146, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 141 | 155 | +9.9% |
Summary: The 28146 real estate market had 155 homes for sale in May 2024, a 9.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 24 | 24 | 0.0% |
| 3 Bedrooms | 82 | 95 | +15.9% |
| 4 Bedrooms | 29 | 29 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 28146 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 39 | +77.3% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28146, you may be able to get a good deal. 56.4% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in 28146 in May 2024, up by 77.3% month-over-month. Of the 39 sold homes, 56% were sold under asking, 23% were sold at asking, and 21% were sold over asking.
Days on Market for 28146, NC
How long does it take to sell a home in 28146, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 61 Days | +59.1% |
Summary: Homes in 28146 had an average of 61 days on market in May 2024, up by 59.1% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28146 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 39 homes were sold in 28146; 49% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
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Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.