$4,155 Closing Credit*
$349,900
1,218 SqFt
3 Beds
•2 Full Baths
Listing Office: EXP Realty LLC Ballantyne
Is 28097, 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, 28097 has remained a Seller's Market.
Key Takeaway
28097 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28097, NC
How much do homes in 28097, NC cost?
Median Sold Price
$398,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,000(+3.4%)
Key Takeaway
Homes in 28097 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 28097 was $398,000 in October 2024, up 3.4% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $59.5K | -55.9% |
| 2 Bedrooms | $275.5K | $302.2K | +9.7% |
| 3 Bedrooms | $355K | $365K | +2.8% |
| 4 Bedrooms | $409.9K | $446.3K | +8.9% |
| 5+ Bedrooms | $417K | $417.8K | 0.2% |
Summary: 28097 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.9%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 0.2%.
Housing Supply in 28097, NC
How many homes are available in 28097, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 33 | -5.7% |
Summary: The 28097 real estate market had 33 homes for sale in October 2024, a 5.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 28097 housing inventory by bedroom type for October 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 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28097, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 28097 in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 28097, NC
How long does it take to sell a home in 28097, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 44 Days | +39.8% |
Summary: Homes in 28097 had an average of 44 days on market in Oct 2024, up by 39.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28097 has remained consistent over time.
Summary: During October 2024, 6 homes were sold in 28097; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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