$2,494 Closing Credit*
$210,000
1,000 SqFt
3 Beds
•1 Full Bath
Listing Office: RE/MAX Select
Is 28150, 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, 28150 was a Seller's Market.
Key Takeaway
28150 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28150, NC
How much do homes in 28150, NC cost?
Median Sold Price
$250,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,166(+11.7%)
Key Takeaway
Homes in 28150 have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in 28150 was $250,000 in October 2024, up 11.7% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | $76K | +8.6% |
| 2 Bedrooms | $165K | $179.7K | +8.9% |
| 3 Bedrooms | $229K | $243.2K | +6.2% |
| 4 Bedrooms | $399.5K | $295K | -26.2% |
| 5+ Bedrooms | $346.2K | $372K | +7.4% |
Summary: 28150 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 26.2%, and 5+ bedroom homes increased by 7.4%.
Housing Supply in 28150, NC
How many homes are available in 28150, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 162 | 173 | +6.8% |
Summary: The 28150 real estate market had 173 homes for sale in October 2024, a 6.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 26 | 31 | +19.2% |
| 3 Bedrooms | 81 | 87 | +7.4% |
| 4 Bedrooms | 35 | 36 | +2.9% |
| 5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The 28150 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28150, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 28150 in October 2024, down by 13.6% month-over-month. Of the 19 sold homes, 42% were sold under asking, 21% were sold at asking, and 37% were sold over asking.
Days on Market for 28150, NC
How long does it take to sell a home in 28150, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 76 Days | +150.6% |
Summary: Homes in 28150 had an average of 76 days on market in Oct 2024, up by 150.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28150 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in 28150; 63% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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