$3,978 Closing Credit*
$335,000
1,827 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Showcase Realty LLC
Is 28125, 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, 28125 has remained a Seller's Market.
Key Takeaway
28125 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28125, NC
How much do homes in 28125, NC cost?
Median Sold Price
$540,000
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$157,500(+41.2%)
Key Takeaway
Homes in 28125 have sold for 41.2% more than they did a year ago.
Summary: The median home sold price in 28125 was $540,000 in October 2024, up 41.2% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $169.5K | -30.8% |
| 3 Bedrooms | $316.5K | $512.5K | +61.9% |
| 4 Bedrooms | $689K | $795K | +15.4% |
| 5+ Bedrooms | $610K | $698.2K | +14.5% |
Summary: 28125 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 decreased by 30.8%, 3 bedroom homes increased by 61.9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 14.5%.
Housing Supply in 28125, NC
How many homes are available in 28125, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The 28125 real estate market had 13 homes for sale in October 2024, a 18.2% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 28125 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28125, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 28125 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 28125, NC
How long does it take to sell a home in 28125, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 11 Days | +277.8% |
Summary: Homes in 28125 had an average of 11 days on market in Oct 2024, up by 277.8% 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 28125 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 28125; 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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