$7,624 Closing Credit*
$642,000
2,288 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Ivester Jackson Distinctive Properties
Is 28120, 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, 28120 has remained a Seller's Market.
Key Takeaway
28120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28120, NC
How much do homes in 28120, NC cost?
Median Sold Price
$375,333
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,333(+4.3%)
Key Takeaway
Homes in 28120 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 28120 was $375,333 in October 2024, up 4.3% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $198K | N/A |
| 2 Bedrooms | $235K | $240K | +2.1% |
| 3 Bedrooms | $332.4K | $347.5K | +4.5% |
| 4 Bedrooms | $425K | $439K | +3.3% |
| 5+ Bedrooms | $595K | $495.5K | -16.7% |
Summary: 28120 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 2.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 16.7%.
Housing Supply in 28120, NC
How many homes are available in 28120, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 113 | 119 | +5.3% |
Summary: The 28120 real estate market had 119 homes for sale in October 2024, a 5.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 58 | 63 | +8.6% |
| 4 Bedrooms | 37 | 36 | -2.7% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 28120 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28120, you may be able to get a good deal. 40.9% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 28120 in October 2024, the same as the previous month. Of the 22 sold homes, 41% were sold under asking, 27% were sold at asking, and 32% were sold over asking.
Days on Market for 28120, NC
How long does it take to sell a home in 28120, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 25 Days | +5.6% |
Summary: Homes in 28120 had an average of 25 days on market in Oct 2024, up by 5.6% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28120 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in 28120; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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