Is 28327, 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, 28327 has remained a Seller's Market.
Housing Prices in 28327, NC
How much do homes in 28327, NC cost?
Median Sold Price
$436,830
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 28327 was $436,830 in May 2024, up 6.8% 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 | $285K | $190K | -33.3% |
2 Bedrooms | $265K | $266K | 0.4% |
3 Bedrooms | $355K | $370K | +4.2% |
4 Bedrooms | $460K | $473.7K | +3.0% |
5+ Bedrooms | $516.4K | $532.4K | +3.1% |
Summary: 28327 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in 28327, NC
How many homes are available in 28327, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
141 | 133 | -5.7% |
Summary: The 28327 real estate market had 133 homes for sale in May 2024, a 5.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 25 | 23 | -8.0% |
3 Bedrooms | 47 | 50 | +6.4% |
4 Bedrooms | 52 | 47 | -9.6% |
5+ Bedrooms | 17 | 13 | -23.5% |
Summary: The 28327 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes decreased by 23.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 33 | +3.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 28327 in May 2024, up by 3.1% month-over-month. Of the 33 sold homes, 36% were sold under asking, 30% were sold at asking, and 33% were sold over asking.
Days on Market for 28327, NC
How long does it take to sell a home in 28327, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
55 Days | 61 Days | +10.6% |
Summary: Homes in 28327 had an average of 61 days on market in May 2024, up by 10.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 33 homes were sold in 28327; 64% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.