$2,850 Closing Credit*
$240,000
1,434 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams South Park
Is 28086, 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, 28086 has remained a Seller's Market.
Key Takeaway
28086 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28086, NC
How much do homes in 28086, NC cost?
Median Sold Price
$275,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,500(+15.3%)
Key Takeaway
Homes in 28086 have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in 28086 was $275,000 in November 2024, up 15.3% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $117K | -19.3% |
| 2 Bedrooms | $160K | $180K | +12.5% |
| 3 Bedrooms | $250K | $272.5K | +9.0% |
| 4 Bedrooms | $287.4K | $335K | +16.5% |
| 5+ Bedrooms | $599.9K | $435K | -27.5% |
Summary: 28086 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes decreased by 27.5%.
Housing Supply in 28086, NC
How many homes are available in 28086, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 151 | 136 | -9.9% |
Summary: The 28086 real estate market had 136 homes for sale in November 2024, a 9.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 17 | 17 | 0.0% |
| 3 Bedrooms | 96 | 86 | -10.4% |
| 4 Bedrooms | 26 | 24 | -7.7% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The 28086 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 remained the same, 3 bedroom homes decreased by 10.4%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 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. 46.4% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in 28086 in November 2024, up by 3.7% month-over-month. Of the 28 sold homes, 46% were sold under asking, 32% were sold at asking, and 21% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 47 Days | +26.1% |
Summary: Homes in 28086 had an average of 47 days on market in Nov 2024, up by 26.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28086 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 28 homes were sold in 28086; 54% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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