$4,156 Closing Credit*
$350,000
2,433 SqFt
6 Beds
•2 Full Baths, 1 Partial
Listing Office: Marc 1 Realty
Is 28164, 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, 28164 has remained a Seller's Market.
Key Takeaway
28164 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28164, NC
How much do homes in 28164, NC cost?
Median Sold Price
$411,166
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,666(+2.2%)
Key Takeaway
Homes in 28164 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 28164 was $411,166 in November 2024, up 2.2% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $460K | $490K | +6.5% |
| 3 Bedrooms | $336K | $384.9K | +14.6% |
| 4 Bedrooms | $547.5K | $435K | -20.5% |
| 5+ Bedrooms | $750K | $645K | -14.0% |
Summary: 28164 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 6.5%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes decreased by 14%.
Housing Supply in 28164, NC
How many homes are available in 28164, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 | 95 | -8.7% |
Summary: The 28164 real estate market had 95 homes for sale in November 2024, a 8.7% decrease 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 | 18 | 21 | +16.7% |
| 3 Bedrooms | 55 | 48 | -12.7% |
| 4 Bedrooms | 27 | 23 | -14.8% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 28164 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 16.7%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 21 | -25.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28164, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 28164 in November 2024, down by 25.0% month-over-month. Of the 21 sold homes, 67% were sold under asking, 19% were sold at asking, and 14% were sold over asking.
Days on Market for 28164, NC
How long does it take to sell a home in 28164, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 34 Days | +11.6% |
Summary: Homes in 28164 had an average of 34 days on market in Nov 2024, up by 11.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28164 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in 28164; 67% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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