$2,108 Closing Credit*
$177,500
720 SqFt
2 Beds
•1 Full Bath
Listing Office: Lowder Homes Realty LLC
Is 28034, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 28034 has remained a Seller's Market.
Key Takeaway
28034 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28034, NC
How much do homes in 28034, NC cost?
Median Sold Price
$317,250
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,260(+7.2%)
Key Takeaway
Homes in 28034 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 28034 was $317,250 in November 2024, up 7.2% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $116K | $65K | -44.0% |
| 2 Bedrooms | $175K | $198.5K | +13.4% |
| 3 Bedrooms | $280K | $305K | +8.9% |
| 4 Bedrooms | $329K | $347K | +5.5% |
| 5+ Bedrooms | $350.3K | $359.8K | +2.7% |
Summary: 28034 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 2.7%.
Housing Supply in 28034, NC
How many homes are available in 28034, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 96 | 94 | -2.1% |
Summary: The 28034 real estate market had 94 homes for sale in November 2024, a 2.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 50 | 55 | +10.0% |
| 4 Bedrooms | 31 | 29 | -6.5% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 28034 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 60%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28034, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 28034 in November 2024, up by 5.6% month-over-month. Of the 19 sold homes, 42% were sold under asking, 42% were sold at asking, and 16% were sold over asking.
Days on Market for 28034, NC
How long does it take to sell a home in 28034, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 49 Days | +168.4% |
Summary: Homes in 28034 had an average of 49 days on market in Nov 2024, up by 168.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28034 has remained consistent over time.
Summary: During November 2024, 19 homes were sold in 28034; 26% of homes were sold within 30 days, 68% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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