$4,452 Closing Credit*
$374,900
1,910 SqFt
3 Beds
•2 Full Baths
Listing Office: Lantern Realty & Development, LLC
Is 28081, 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, 28081 has remained a Seller's Market.
Key Takeaway
28081 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28081, NC
How much do homes in 28081, NC cost?
Median Sold Price
$309,128
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,129(+3.0%)
Key Takeaway
Homes in 28081 have sold for 3% more than they did a year ago.
Summary: The median home sold price in 28081 was $309,128 in October 2024, up 3% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160.7K | $157K | -2.3% |
| 2 Bedrooms | $217.5K | $215K | -1.1% |
| 3 Bedrooms | $300K | $320K | +6.7% |
| 4 Bedrooms | $409K | $410K | 0.2% |
| 5+ Bedrooms | $500K | $566.2K | +13.3% |
Summary: 28081 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 13.3%.
Housing Supply in 28081, NC
How many homes are available in 28081, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 152 | 156 | +2.6% |
Summary: The 28081 real estate market had 156 homes for sale in October 2024, a 2.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 32 | 26 | -18.8% |
| 3 Bedrooms | 91 | 100 | +9.9% |
| 4 Bedrooms | 25 | 25 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 28081 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 decreased by 18.8%, 3 bedroom homes increased by 9.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 27 | -12.9% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28081, you may be able to get a good deal. 74.1% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 28081 in October 2024, down by 12.9% month-over-month. Of the 27 sold homes, 74% were sold under asking, 19% were sold at asking, and 7% were sold over asking.
Days on Market for 28081, NC
How long does it take to sell a home in 28081, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 26 Days | -23.1% |
Summary: Homes in 28081 had an average of 26 days on market in Oct 2024, down by 23.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28081 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 28081; 67% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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