Is 28164, 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, 28164 has remained a Seller's Market.
Housing Prices in 28164, NC
How much do homes in 28164, NC cost?
Median Sold Price
$399,190
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 28164 was $399,190 in April 2024, up 4.3% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | - | N/A |
2 Bedrooms | $363.4K | $425K | +16.9% |
3 Bedrooms | $336.7K | $370K | +9.9% |
4 Bedrooms | $515K | $520K | +1.0% |
5+ Bedrooms | $725K | $570K | -21.4% |
Summary: 28164 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 16.9%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 21.4%.
Housing Supply in 28164, NC
How many homes are available in 28164, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
98 | 102 | +4.1% |
Summary: The 28164 real estate market had 102 homes for sale in April 2024, a 4.1% 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 | 18 | 23 | +27.8% |
3 Bedrooms | 63 | 63 | 0.0% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 28164 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 increased by 27.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 29 | +26.1% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 28164 in April 2024, up by 26.1% month-over-month. Of the 29 sold homes, 69% were sold under asking, 21% were sold at asking, and 10% were sold over asking.
Days on Market for 28164, NC
How long does it take to sell a home in 28164, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 38 Days | +42.2% |
Summary: Homes in 28164 had an average of 38 days on market in Apr 2024, up by 42.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in 28164; 55% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.