$3,859 Closing Credit*
$325,000
1,375 SqFt
3 Beds
•2 Full Baths
Listing Office: Costello Real Estate and Investments LLC
Is 28098, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 28098 has remained a Seller's Market.
Key Takeaway
28098 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28098, NC
How much do homes in 28098, NC cost?
Median Sold Price
$300,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$32,000(+11.9%)
Key Takeaway
Homes in 28098 have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in 28098 was $300,000 in December 2024, up 11.9% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $81K | N/A |
| 2 Bedrooms | $204K | $186.7K | -8.5% |
| 3 Bedrooms | $275K | $302.5K | +10.0% |
| 4 Bedrooms | $316K | $387.5K | +22.6% |
| 5+ Bedrooms | $180K | $549.4K | +205.3% |
Summary: 28098 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 205.3%.
Housing Supply in 28098, NC
How many homes are available in 28098, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Summary: The 28098 real estate market had 20 homes for sale in December 2024, a 25.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 28098 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28098, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 28098 in December 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 28098, NC
How long does it take to sell a home in 28098, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 27 Days | 44 Days | +63.3% |
Summary: Homes in 28098 had an average of 44 days on market in Dec 2024, up by 63.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28098 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 6 homes were sold in 28098; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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