$3,076 Closing Credit*
$259,000
1,392 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Southern Lifestyles
Is 28160, 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, 28160 was a Seller's Market.
Key Takeaway
28160 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28160, NC
How much do homes in 28160, NC cost?
Median Sold Price
$165,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+3.1%)
Key Takeaway
Homes in 28160 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 28160 was $165,000 in October 2024, up 3.1% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $140.2K | N/A |
| 2 Bedrooms | $129.4K | $150K | +15.9% |
| 3 Bedrooms | $179.9K | $180K | 0.1% |
| 4 Bedrooms | $199K | $157K | -21.1% |
| 5+ Bedrooms | $239.9K | $347.5K | +44.9% |
Summary: 28160 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 15.9%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 44.9%.
Housing Supply in 28160, NC
How many homes are available in 28160, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 32 | 0.0% |
Summary: The 28160 real estate market had 32 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 28160 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 decreased by 13.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28160, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 28160 in October 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 28160, NC
How long does it take to sell a home in 28160, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 6 Days | -86.7% |
Summary: Homes in 28160 had an average of 6 days on market in Oct 2024, down by 86.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28160 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 28160; 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.