$3,325 Closing Credit*
$280,000
1,116 SqFt
3 Beds
•2 Full Baths
Listing Office: Realty One Group Revolution
Is 28174, 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, 28174 was a Seller's Market.
Key Takeaway
28174 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 28174, NC
How much do homes in 28174, NC cost?
Median Sold Price
$335,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+8.1%)
Key Takeaway
Homes in 28174 have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in 28174 was $335,000 in October 2024, up 8.1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $391.6K | $355K | -9.4% |
| 3 Bedrooms | $284.4K | $320K | +12.5% |
| 4 Bedrooms | $355K | $337.4K | -4.9% |
| 5+ Bedrooms | $320K | $448.7K | +40.2% |
Summary: 28174 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 9.4%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 40.2%.
Housing Supply in 28174, NC
How many homes are available in 28174, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 28 | -15.2% |
Summary: The 28174 real estate market had 28 homes for sale in October 2024, a 15.2% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 19 | 14 | -26.3% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 28174 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 remained the same, 3 bedroom homes decreased by 26.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28174, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 28174 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 28174, NC
How long does it take to sell a home in 28174, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 13 Days | -55.8% |
Summary: Homes in 28174 had an average of 13 days on market in Oct 2024, down by 55.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28174 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 28174; 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.
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