$25,000
Land
Listing Office: The Powers Realty Group LLC
Is 28018, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 28018 was a Buyer's Market.
Key Takeaway
28018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28018, NC
How much do homes in 28018, NC cost?
Median Sold Price
$341,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$23,500(-6.4%)
Key Takeaway
Homes in 28018 have sold for 6.4% less than they did a year ago.
Summary: The median home sold price in 28018 was $341,000 in December 2024, down 6.4% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $245K | -2.0% |
| 2 Bedrooms | $352.5K | $290.5K | -17.6% |
| 3 Bedrooms | $369.7K | $350K | -5.3% |
| 4 Bedrooms | $573K | $414.2K | -27.7% |
| 5+ Bedrooms | $53.5K | - | N/A |
Summary: 28018 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 27.7%, and 5+ bedroom homes did not change.
Housing Supply in 28018, NC
How many homes are available in 28018, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The 28018 real estate market had 20 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 28018 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28018, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 28018 in December 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 28018, NC
How long does it take to sell a home in 28018, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 5 Days | 60 Days | +1112.0% |
Summary: Homes in 28018 had an average of 60 days on market in Dec 2024, up by 1112% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28018 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in 28018; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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