$3,681 Closing Credit*
$310,000
1,543 SqFt
3 Beds
•2 Full Baths
Listing Office: Mark Spain Real Estate
Is 28124, 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, 28124 was a Neutral Market.
Key Takeaway
28124 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28124, NC
How much do homes in 28124, NC cost?
Median Sold Price
$327,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,100(+0.6%)
Key Takeaway
Homes in 28124 have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in 28124 was $327,000 in November 2024, up 0.6% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $252.7K | $299.9K | +18.7% |
| 3 Bedrooms | $337.4K | $324.5K | -3.8% |
| 4 Bedrooms | $437.5K | $397.5K | -9.1% |
| 5+ Bedrooms | $445K | $480K | +7.9% |
Summary: 28124 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 18.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 7.9%.
Housing Supply in 28124, NC
How many homes are available in 28124, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The 28124 real estate market had 15 homes for sale in November 2024, a 11.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 28124 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 50%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28124, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 28124 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 28124, NC
How long does it take to sell a home in 28124, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 5 Days | -42.9% |
Summary: Homes in 28124 had an average of 5 days on market in Nov 2024, down by 42.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28124 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 28124; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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