Is 28468, 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, 28468 has remained a Seller's Market.
Key Takeaway
28468 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28468, NC
How much do homes in 28468, NC cost?
Median Sold Price
$450,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 28468 have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in 28468 was $450,000 in May 2024, up 4.7% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127.5K | $140K | +9.8% |
| 2 Bedrooms | $260K | $269.5K | +3.7% |
| 3 Bedrooms | $379.5K | $407K | +7.2% |
| 4 Bedrooms | $564.5K | $632K | +11.9% |
| 5+ Bedrooms | $949.9K | $652.5K | -31.3% |
Summary: 28468 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 31.3%.
Housing Supply in 28468, NC
How many homes are available in 28468, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 141 | 147 | +4.3% |
Summary: The 28468 real estate market had 147 homes for sale in May 2024, a 4.3% increase 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 | 24 | 26 | +8.3% |
| 3 Bedrooms | 77 | 70 | -9.1% |
| 4 Bedrooms | 29 | 35 | +20.7% |
| 5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The 28468 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 increased by 8.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 33 | +26.9% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28468, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 28468 in May 2024, up by 26.9% month-over-month. Of the 33 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.
Days on Market for 28468, NC
How long does it take to sell a home in 28468, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 44 Days | 57 Days | +30.0% |
Summary: Homes in 28468 had an average of 57 days on market in May 2024, up by 30% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28468 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 33 homes were sold in 28468; 39% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.