$3,444 Closing Credit*
$289,999
1,630 SqFt
4 Beds
•3 Full Baths
Listing Office: Prime 1 LIR LLC
Is 28159, 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, 28159 has remained a Seller's Market.
Key Takeaway
28159 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28159, NC
How much do homes in 28159, NC cost?
Median Sold Price
$220,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$15,000(-6.4%)
Key Takeaway
Homes in 28159 have sold for 6.4% less than they did a year ago.
Summary: The median home sold price in 28159 was $220,000 in November 2024, down 6.4% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $157K | $164K | +4.5% |
| 3 Bedrooms | $243.6K | $234.9K | -3.6% |
| 4 Bedrooms | $274.9K | $312.5K | +13.7% |
| 5+ Bedrooms | $304.9K | $275K | -9.8% |
Summary: 28159 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 4.5%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Zip Codes
| 28144 | $230.3K | $231.5K | 0.5% |
| 28159 | $235K | $220K | -6.4% |
Housing Supply in 28159, NC
How many homes are available in 28159, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 38 | +11.8% |
Summary: The 28159 real estate market had 38 homes for sale in November 2024, a 11.8% increase 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 | 3 | 5 | +66.7% |
| 3 Bedrooms | 22 | 24 | +9.1% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 28159 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 66.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28159, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 28159 in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 28159, NC
How long does it take to sell a home in 28159, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 102 Days | +146.5% |
Summary: Homes in 28159 had an average of 102 days on market in Nov 2024, up by 146.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 28159 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 7 homes were sold in 28159; 14% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
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