$10,000 Closing Credit*
$1,299,000
4,471 SqFt
6 Beds
•5 Full Baths, 1 Partial
Listing Office: J Meeks + Co
Is 28075, 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, 28075 has remained a Seller's Market.
Key Takeaway
28075 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28075, NC
How much do homes in 28075, NC cost?
Median Sold Price
$480,850
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,517(+11.7%)
Key Takeaway
Homes in 28075 have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in 28075 was $480,850 in November 2024, up 11.7% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $270K | $249.5K | -7.6% |
| 3 Bedrooms | $394.4K | $447.6K | +13.5% |
| 4 Bedrooms | $505K | $550K | +8.9% |
| 5+ Bedrooms | $575K | $705K | +22.6% |
Summary: 28075 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.6%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 22.6%.
Housing Supply in 28075, NC
How many homes are available in 28075, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 128 | 130 | +1.6% |
Summary: The 28075 real estate market had 130 homes for sale in November 2024, a 1.6% increase 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 | 6 | 7 | +16.7% |
| 3 Bedrooms | 67 | 67 | 0.0% |
| 4 Bedrooms | 29 | 27 | -6.9% |
| 5+ Bedrooms | 26 | 29 | +11.5% |
Summary: The 28075 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 increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 11.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28075, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 28075 in November 2024, up by 15.8% month-over-month. Of the 22 sold homes, 59% were sold under asking, 32% were sold at asking, and 9% were sold over asking.
Days on Market for 28075, NC
How long does it take to sell a home in 28075, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 72 Days | +106.6% |
Summary: Homes in 28075 had an average of 72 days on market in Nov 2024, up by 106.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28075 has remained consistent over time.
Summary: During November 2024, 22 homes were sold in 28075; 27% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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