$7,480 Closing Credit*
$629,900
3,816 SqFt
4 Beds
•3 Full Baths
Listing Office: JRBG Realty LLC
Is 28079, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 28079 has remained a Seller's Market.
Key Takeaway
28079 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28079, NC
How much do homes in 28079, NC cost?
Median Sold Price
$435,313
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,199(+1.2%)
Key Takeaway
Homes in 28079 have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in 28079 was $435,313 in October 2024, up 1.2% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420.2K | $120K | -71.4% |
| 2 Bedrooms | $290K | $296.2K | +2.2% |
| 3 Bedrooms | $390K | $385K | -1.3% |
| 4 Bedrooms | $445K | $475K | +6.7% |
| 5+ Bedrooms | $560K | $540K | -3.6% |
Summary: 28079 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.4%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 3.6%.
Housing Supply in 28079, NC
How many homes are available in 28079, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 181 | 186 | +2.8% |
Summary: The 28079 real estate market had 186 homes for sale in October 2024, a 2.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 84 | 91 | +8.3% |
| 4 Bedrooms | 59 | 57 | -3.4% |
| 5+ Bedrooms | 32 | 31 | -3.1% |
Summary: The 28079 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 3.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 37 | -21.3% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28079, you may be able to get a good deal. 64.9% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in 28079 in October 2024, down by 21.3% month-over-month. Of the 37 sold homes, 65% were sold under asking, 24% were sold at asking, and 11% were sold over asking.
Days on Market for 28079, NC
How long does it take to sell a home in 28079, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 38 Days | +18.2% |
Summary: Homes in 28079 had an average of 38 days on market in Oct 2024, up by 18.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28079 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 37 homes were sold in 28079; 51% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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