$5,106 Closing Credit*
$430,000
2,750 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: NorthGroup Real Estate LLC
Is 28127, 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, 28127 has remained a Buyer's Market.
Key Takeaway
28127 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28127, NC
How much do homes in 28127, NC cost?
Median Sold Price
$310,000
$235/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in 28127 has remained the same since last year.
Summary: The median home sold price in 28127 was $310,000 in November 2024, the same as last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $140.5K | +56.1% |
| 2 Bedrooms | $147.2K | $193.7K | +31.6% |
| 3 Bedrooms | $450K | $355K | -21.1% |
| 4 Bedrooms | $770K | $685K | -11.0% |
| 5+ Bedrooms | $889.8K | $1.4M | +57.3% |
Summary: 28127 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.1%, 2 bedroom homes increased by 31.6%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes increased by 57.3%.
Housing Supply in 28127, NC
How many homes are available in 28127, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 96 | 92 | -4.2% |
Summary: The 28127 real estate market had 92 homes for sale in November 2024, a 4.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 17 | +6.3% |
| 2 Bedrooms | 31 | 29 | -6.5% |
| 3 Bedrooms | 31 | 30 | -3.2% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 28127 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28127, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 28127 in November 2024, the same as the previous month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.
Days on Market for 28127, NC
How long does it take to sell a home in 28127, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 63 Days | 60 Days | -6.0% |
Summary: Homes in 28127 had an average of 60 days on market in Nov 2024, down by 6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28127 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 28127; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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