$3,200,000
4,996 SqFt
5 Beds
•5 Full Baths, 2 Partial
Listing Office: Coldwell Banker Realty
Is 28104, 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, 28104 has remained a Seller's Market.
Key Takeaway
28104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28104, NC
How much do homes in 28104, NC cost?
Median Sold Price
$566,237
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,237(+2.0%)
Key Takeaway
Homes in 28104 have sold for 2% more than they did a year ago.
Summary: The median home sold price in 28104 was $566,237 in October 2024, up 2% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.2M | - | N/A |
| 2 Bedrooms | $302.5K | $306K | +1.2% |
| 3 Bedrooms | $388K | $401.5K | +3.5% |
| 4 Bedrooms | $657K | $734.9K | +11.9% |
| 5+ Bedrooms | $1.0M | $995K | -2.9% |
Summary: 28104 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 increased by 1.2%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 2.9%.
Housing Supply in 28104, NC
How many homes are available in 28104, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 128 | 140 | +9.4% |
Summary: The 28104 real estate market had 140 homes for sale in October 2024, a 9.4% 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 | 8 | 8 | 0.0% |
| 3 Bedrooms | 56 | 58 | +3.6% |
| 4 Bedrooms | 35 | 41 | +17.1% |
| 5+ Bedrooms | 29 | 33 | +13.8% |
Summary: The 28104 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 3.6%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 13.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 33 | +37.5% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28104, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 28104 in October 2024, up by 37.5% month-over-month. Of the 33 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% were sold over asking.
Days on Market for 28104, NC
How long does it take to sell a home in 28104, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 19 Days | -37.6% |
Summary: Homes in 28104 had an average of 19 days on market in Oct 2024, down by 37.6% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28104 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 33 homes were sold in 28104; 79% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.