Is 28512, 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, 28512 has remained a Seller's Market.
Housing Prices in 28512, NC
How much do homes in 28512, NC cost?
Median Sold Price
$630,000
$455/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 28512 was $630,000 in April 2024, up 8.8% from last year, and the median price per square foot was $455.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $155K | +6.9% |
2 Bedrooms | $462.5K | $515K | +11.4% |
3 Bedrooms | $629.9K | $687.5K | +9.1% |
4 Bedrooms | $850K | $942.5K | +10.9% |
5+ Bedrooms | $1.5M | $1.1M | -25.1% |
Summary: 28512 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 25.1%.
Housing Supply in 28512, NC
How many homes are available in 28512, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
129 | 126 | -2.3% |
Summary: The 28512 real estate market had 126 homes for sale in April 2024, a 2.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 16 | 0.0% |
2 Bedrooms | 49 | 48 | -2.0% |
3 Bedrooms | 40 | 38 | -5.0% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 28512 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 2%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 25 | +19.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 28512 in April 2024, up by 19.0% month-over-month. Of the 25 sold homes, 68% were sold under asking, 12% were sold at asking, and 20% were sold over asking.
Days on Market for 28512, NC
How long does it take to sell a home in 28512, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 53 Days | +44.2% |
Summary: Homes in 28512 had an average of 53 days on market in Apr 2024, up by 44.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in 28512; 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.