$3,882 Closing Credit*
$326,900
1,680 SqFt
3 Beds
•2 Full Baths
Listing Office: TLS Realty LLC
Is 28001, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 28001 was a Seller's Market.
Key Takeaway
28001 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 28001, NC
How much do homes in 28001, NC cost?
Median Sold Price
$275,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,737(+12.6%)
Key Takeaway
Homes in 28001 have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in 28001 was $275,000 in October 2024, up 12.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $99.5K | N/A |
| 2 Bedrooms | $159.9K | $187.2K | +17.1% |
| 3 Bedrooms | $249.9K | $279.7K | +11.9% |
| 4 Bedrooms | $316.8K | $324.2K | +2.3% |
| 5+ Bedrooms | $308.7K | $437.5K | +41.7% |
Summary: 28001 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 41.7%.
Housing Supply in 28001, NC
How many homes are available in 28001, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 196 | 218 | +11.2% |
Summary: The 28001 real estate market had 218 homes for sale in October 2024, a 11.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 20 | 25 | +25.0% |
| 3 Bedrooms | 138 | 149 | +8.0% |
| 4 Bedrooms | 25 | 30 | +20.0% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 28001 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 36 | +38.5% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28001, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in 28001 in October 2024, up by 38.5% month-over-month. Of the 36 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 28001, NC
How long does it take to sell a home in 28001, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 73 Days | +20.8% |
Summary: Homes in 28001 had an average of 73 days on market in Oct 2024, up by 20.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28001 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 36 homes were sold in 28001; 33% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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