$3,551 Closing Credit*
$299,000
1,240 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Properties Plus, Inc.
Is 28166, 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, 28166 was a Seller's Market.
Key Takeaway
28166 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 28166, NC
How much do homes in 28166, NC cost?
Median Sold Price
$397,853
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,960(+7.6%)
Key Takeaway
Homes in 28166 have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in 28166 was $397,853 in October 2024, up 7.6% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $185K | N/A |
| 2 Bedrooms | $530K | $240K | -54.7% |
| 3 Bedrooms | $351K | $375K | +6.8% |
| 4 Bedrooms | $385K | $433.9K | +12.7% |
| 5+ Bedrooms | $420.4K | $489.9K | +16.6% |
Summary: 28166 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 decreased by 54.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 16.6%.
Housing Supply in 28166, NC
How many homes are available in 28166, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 213 | 220 | +3.3% |
Summary: The 28166 real estate market had 220 homes for sale in October 2024, a 3.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 103 | 96 | -6.8% |
| 4 Bedrooms | 72 | 82 | +13.9% |
| 5+ Bedrooms | 34 | 37 | +8.8% |
Summary: The 28166 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 25%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 8.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 33 | 0.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28166, you may be able to get a good deal. 48.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 28166 in October 2024, the same as the previous month. Of the 33 sold homes, 48% were sold under asking, 45% were sold at asking, and 6% were sold over asking.
Days on Market for 28166, NC
How long does it take to sell a home in 28166, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 58 Days | +191.8% |
Summary: Homes in 28166 had an average of 58 days on market in Oct 2024, up by 191.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28166 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 33 homes were sold in 28166; 39% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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