$45,000
Land
Listing Office: Keller Williams Unified
Is 28086, 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, 28086 was a Seller's Market.
Key Takeaway
28086 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 28086, NC
How much do homes in 28086, NC cost?
Median Sold Price
$275,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,833(+14.5%)
Key Takeaway
Homes in 28086 have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in 28086 was $275,000 in October 2024, up 14.5% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $117K | -19.3% |
| 2 Bedrooms | $162K | $162.5K | 0.3% |
| 3 Bedrooms | $253K | $272K | +7.5% |
| 4 Bedrooms | $287.4K | $342K | +19.0% |
| 5+ Bedrooms | $599.9K | $495K | -17.5% |
Summary: 28086 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.3%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 19%, and 5+ bedroom homes decreased by 17.5%.
Housing Supply in 28086, NC
How many homes are available in 28086, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 132 | 157 | +18.9% |
Summary: The 28086 real estate market had 157 homes for sale in October 2024, a 18.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 13 | 17 | +30.8% |
| 3 Bedrooms | 75 | 99 | +32.0% |
| 4 Bedrooms | 31 | 28 | -9.7% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 28086 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 32%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 25 | +66.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28086, you may be able to get a good deal. 56% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 28086 in October 2024, up by 66.7% month-over-month. Of the 25 sold homes, 56% were sold under asking, 20% were sold at asking, and 24% were sold over asking.
Days on Market for 28086, NC
How long does it take to sell a home in 28086, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 50 Days | +63.7% |
Summary: Homes in 28086 had an average of 50 days on market in Oct 2024, up by 63.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28086 has remained consistent over time.
Summary: During October 2024, 25 homes were sold in 28086; 32% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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