$2,375 Closing Credit*
$200,000
1,156 SqFt
2 Beds
•1 Full Bath
Listing Office: Redwood Realty Group LLC
Is 28128, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 28128 was a Seller's Market.
Key Takeaway
28128 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 28128, NC
How much do homes in 28128, NC cost?
Median Sold Price
$288,400
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,900(+9.9%)
Key Takeaway
Homes in 28128 have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in 28128 was $288,400 in October 2024, up 9.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $534.5K | N/A |
| 2 Bedrooms | $160K | $315K | +96.9% |
| 3 Bedrooms | $269.9K | $250K | -7.4% |
| 4 Bedrooms | $422.5K | $550K | +30.2% |
| 5+ Bedrooms | $1.4M | $2.7M | +84.9% |
Summary: 28128 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 96.9%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 30.2%, and 5+ bedroom homes increased by 84.9%.
Housing Supply in 28128, NC
How many homes are available in 28128, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 33 | +13.8% |
Summary: The 28128 real estate market had 33 homes for sale in October 2024, a 13.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 28128 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 increased by 40%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28128, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 28128 in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 28128, NC
How long does it take to sell a home in 28128, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 10 Days | -18.5% |
Summary: Homes in 28128 had an average of 10 days on market in Oct 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
5 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 28128 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 28128; 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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