$5,332 Closing Credit*
$449,000
1,569 SqFt
3 Beds
•2 Full Baths
Listing Office: Debbie Clontz Real Estate LLC
Is 28075, 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, 28075 was a Seller's Market.
Key Takeaway
28075 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28075, NC
How much do homes in 28075, NC cost?
Median Sold Price
$482,950
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$44,316(+10.1%)
Key Takeaway
Homes in 28075 have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in 28075 was $482,950 in October 2024, up 10.1% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $272.5K | $249.5K | -8.4% |
| 3 Bedrooms | $393.5K | $447.5K | +13.7% |
| 4 Bedrooms | $507.5K | $550K | +8.4% |
| 5+ Bedrooms | $550K | $703.4K | +27.9% |
Summary: 28075 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 decreased by 8.4%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 27.9%.
Housing Supply in 28075, NC
How many homes are available in 28075, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 123 | 123 | 0.0% |
Summary: The 28075 real estate market had 123 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 60 | 59 | -1.7% |
| 4 Bedrooms | 33 | 31 | -6.1% |
| 5+ Bedrooms | 26 | 28 | +7.7% |
Summary: The 28075 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 decreased by 1.7%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 14 | -41.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28075, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in 28075 in October 2024, down by 41.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 50% were sold at asking, and 7% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 36 Days | -8.0% |
Summary: Homes in 28075 had an average of 36 days on market in Oct 2024, down by 8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28075 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in 28075; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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