$5,819 Closing Credit*
$490,000
1,965 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Citywide Group Inc
Is 28110, 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, 28110 has remained a Seller's Market.
Key Takeaway
28110 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28110, NC
How much do homes in 28110, NC cost?
Median Sold Price
$399,998
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,939(+4.4%)
Key Takeaway
Homes in 28110 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 28110 was $399,998 in November 2024, up 4.4% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $264.9K | $314.4K | +18.7% |
| 2 Bedrooms | $226K | $230K | +1.8% |
| 3 Bedrooms | $349.9K | $356.3K | +1.8% |
| 4 Bedrooms | $439.9K | $439K | -0.2% |
| 5+ Bedrooms | $507.5K | $515K | +1.5% |
Summary: 28110 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.7%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 1.5%.
Housing Supply in 28110, NC
How many homes are available in 28110, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 238 | 233 | -2.1% |
Summary: The 28110 real estate market had 233 homes for sale in November 2024, a 2.1% 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 | 12 | 14 | +16.7% |
| 3 Bedrooms | 110 | 111 | +0.9% |
| 4 Bedrooms | 77 | 67 | -13.0% |
| 5+ Bedrooms | 37 | 39 | +5.4% |
Summary: The 28110 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 increased by 16.7%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 5.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 39 | -23.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28110, you may be able to get a good deal. 51.3% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in 28110 in November 2024, down by 23.5% month-over-month. Of the 39 sold homes, 51% were sold under asking, 41% were sold at asking, and 8% were sold over asking.
Days on Market for 28110, NC
How long does it take to sell a home in 28110, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 38 Days | -15.5% |
Summary: Homes in 28110 had an average of 38 days on market in Nov 2024, down by 15.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28110 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 39 homes were sold in 28110; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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