$5,926 Closing Credit*
$499,000
1,370 SqFt
2 Beds
•2 Full Baths, 1 Partial
Listing Office: Worthy & Associates Real Estate LLC
Is 28206, 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, 28206 has remained a Seller's Market.
Key Takeaway
28206 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28206, NC
How much do homes in 28206, NC cost?
Median Sold Price
$385,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,000(-1.0%)
Key Takeaway
Homes in 28206 have sold for 1% less than they did a year ago.
Summary: The median home sold price in 28206 was $385,000 in November 2024, down 1% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $285K | N/A |
| 2 Bedrooms | $290K | $268K | -7.6% |
| 3 Bedrooms | $400.9K | $383.5K | -4.4% |
| 4 Bedrooms | $560.7K | $430K | -23.3% |
| 5+ Bedrooms | $730K | $700K | -4.1% |
Summary: 28206 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 decreased by 7.6%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes decreased by 4.1%.
Housing Supply in 28206, NC
How many homes are available in 28206, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 85 | 87 | +2.4% |
Summary: The 28206 real estate market had 87 homes for sale in November 2024, a 2.4% increase 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 | 6 | 7 | +16.7% |
| 3 Bedrooms | 60 | 55 | -8.3% |
| 4 Bedrooms | 16 | 21 | +31.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 28206 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 8.3%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28206, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 28206 in November 2024, up by 41.7% month-over-month. Of the 17 sold homes, 53% were sold under asking, 12% were sold at asking, and 35% were sold over asking.
Days on Market for 28206, NC
How long does it take to sell a home in 28206, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 52 Days | +102.7% |
Summary: Homes in 28206 had an average of 52 days on market in Nov 2024, up by 102.7% compared to last year.
Breakdown of Home Sale Times
10 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 28206 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 28206; 59% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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