$4,156 Closing Credit*
$350,000
1,359 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Unlimited
Is 28117, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 28117 was a Seller's Market.
Key Takeaway
28117 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28117, NC
How much do homes in 28117, NC cost?
Median Sold Price
$622,187
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$312(-0.1%)
Key Takeaway
The sold price of homes in 28117 has remained the same since last year.
Summary: The median home sold price in 28117 was $622,187 in November 2024, down 0.1% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.3M | - | N/A |
| 2 Bedrooms | $315.3K | $325K | +3.1% |
| 3 Bedrooms | $491K | $455K | -7.3% |
| 4 Bedrooms | $850.5K | $950K | +11.7% |
| 5+ Bedrooms | $625K | $697.5K | +11.6% |
Summary: 28117 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 11.6%.
Housing Supply in 28117, NC
How many homes are available in 28117, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 322 | 335 | +4.0% |
Summary: The 28117 real estate market had 335 homes for sale in November 2024, a 4.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 15 | 18 | +20.0% |
| 3 Bedrooms | 121 | 117 | -3.3% |
| 4 Bedrooms | 142 | 156 | +9.9% |
| 5+ Bedrooms | 43 | 41 | -4.7% |
Summary: The 28117 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 4.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 39 | -39.1% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28117, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in 28117 in November 2024, down by 39.1% month-over-month. Of the 39 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.
Days on Market for 28117, NC
How long does it take to sell a home in 28117, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 42 Days | +33.1% |
Summary: Homes in 28117 had an average of 42 days on market in Nov 2024, up by 33.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28117 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 39 homes were sold in 28117; 51% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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