$49,900
Land
Listing Office: Collins REALTORS
Is 28103, 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, 28103 was a Seller's Market.
Key Takeaway
28103 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 28103, NC
How much do homes in 28103, NC cost?
Median Sold Price
$340,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$250(-0.1%)
Key Takeaway
The sold price of homes in 28103 has remained the same since last year.
Summary: The median home sold price in 28103 was $340,000 in October 2024, down 0.1% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | - | N/A |
| 2 Bedrooms | $227.5K | $210K | -7.7% |
| 3 Bedrooms | $335.5K | $325K | -3.1% |
| 4 Bedrooms | $384K | $440K | +14.6% |
| 5+ Bedrooms | $362.5K | $417.5K | +15.2% |
Summary: 28103 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 15.2%.
Housing Supply in 28103, NC
How many homes are available in 28103, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 51 | +15.9% |
Summary: The 28103 real estate market had 51 homes for sale in October 2024, a 15.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 23 | 29 | +26.1% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 28103 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 increased by 26.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
6 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 28103, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 28103 in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for 28103, NC
How long does it take to sell a home in 28103, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 28 Days | -62.7% |
Summary: Homes in 28103 had an average of 28 days on market in Oct 2024, down by 62.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28103 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 28103; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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