$10,000 Closing Credit*
$897,500
1,531 SqFt
3 Beds
•2 Full Baths
Listing Office: COMPASS
Is 28204, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 28204 was a Seller's Market.
Key Takeaway
28204 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28204, NC
How much do homes in 28204, NC cost?
Median Sold Price
$715,000
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,000(+3.3%)
Key Takeaway
Homes in 28204 have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in 28204 was $715,000 in November 2024, up 3.3% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $335K | +13.6% |
| 2 Bedrooms | $365K | $391.2K | +7.2% |
| 3 Bedrooms | $794.5K | $750K | -5.6% |
| 4 Bedrooms | $955.1K | $950K | -0.5% |
| 5+ Bedrooms | $1.2M | $1.2M | -1.0% |
Summary: 28204 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 7.2%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 1%.
Housing Supply in 28204, NC
How many homes are available in 28204, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 50 | +16.3% |
Summary: The 28204 real estate market had 50 homes for sale in November 2024, a 16.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 28204 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 18.2%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28204, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 28204 in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for 28204, NC
How long does it take to sell a home in 28204, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 38 Days | +196.4% |
Summary: Homes in 28204 had an average of 38 days on market in Nov 2024, up by 196.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28204 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 28204; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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