$2,018 Closing Credit*
$169,961
1,059 SqFt
2 Beds
•1 Full Bath
Listing Office: RE/MAX EXECUTIVE
Is 28001, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 28001 was a Seller's Market.
Key Takeaway
28001 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28001, NC
How much do homes in 28001, NC cost?
Median Sold Price
$279,040
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,465(+14.6%)
Key Takeaway
Homes in 28001 have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in 28001 was $279,040 in November 2024, up 14.6% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $85K | -55.3% |
| 2 Bedrooms | $159.9K | $187.4K | +17.2% |
| 3 Bedrooms | $250K | $281K | +12.4% |
| 4 Bedrooms | $316.1K | $324.6K | +2.7% |
| 5+ Bedrooms | $327.5K | $433.7K | +32.4% |
Summary: 28001 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.3%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 32.4%.
Housing Supply in 28001, NC
How many homes are available in 28001, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 207 | 208 | 0.5% |
Summary: The 28001 real estate market had 208 homes for sale in November 2024, a 0.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 22 | 21 | -4.5% |
| 3 Bedrooms | 144 | 150 | +4.2% |
| 4 Bedrooms | 28 | 23 | -17.9% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 28001 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 28 | -26.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28001, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in 28001 in November 2024, down by 26.3% month-over-month. Of the 28 sold homes, 57% were sold under asking, 32% were sold at asking, and 11% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 25 Days | -12.9% |
Summary: Homes in 28001 had an average of 25 days on market in Nov 2024, down by 12.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
0 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 November 2024, 28 homes were sold in 28001; 61% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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