$10,000 Closing Credit*
$1,100,000
2,903 SqFt
4 Beds
•3 Full Baths
Listing Office: Central Carolina Real Estate Group LLC
Is 28079, 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, 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
$435,000
$204/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in 28079 has remained the same since last year.
Summary: The median home sold price in 28079 was $435,000 in November 2024, the same as last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420.2K | $120K | -71.4% |
| 2 Bedrooms | $290K | $292.5K | +0.9% |
| 3 Bedrooms | $390K | $382.7K | -1.9% |
| 4 Bedrooms | $446.8K | $476.9K | +6.7% |
| 5+ Bedrooms | $567.2K | $540K | -4.8% |
Summary: 28079 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.4%, 2 bedroom homes increased by 0.9%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 4.8%.
Housing Supply in 28079, NC
How many homes are available in 28079, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 179 | 170 | -5.0% |
Summary: The 28079 real estate market had 170 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 89 | 78 | -12.4% |
| 4 Bedrooms | 56 | 61 | +8.9% |
| 5+ Bedrooms | 28 | 23 | -17.9% |
Summary: The 28079 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 40%, 3 bedroom homes decreased by 12.4%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 17.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 47 | +14.6% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28079, you may be able to get a good deal. 57.4% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 28079 in November 2024, up by 14.6% month-over-month. Of the 47 sold homes, 57% were sold under asking, 28% were sold at asking, and 15% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 42 Days | +7.5% |
Summary: Homes in 28079 had an average of 42 days on market in Nov 2024, up by 7.5% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
8 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 November 2024, 47 homes were sold in 28079; 53% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.