$10,000 Closing Credit*
$2,250,000
3,317 SqFt
4 Beds
•3 Full Baths
Listing Office: Cottingham Chalk
Is 28209, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 28209 has remained a Seller's Market.
Key Takeaway
28209 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28209, NC
How much do homes in 28209, NC cost?
Median Sold Price
$686,583
$404/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,983(+7.7%)
Key Takeaway
Homes in 28209 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 28209 was $686,583 in October 2024, up 7.7% from last year, and the median price per square foot was $404.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310.7K | $307.5K | -1.0% |
| 2 Bedrooms | $361.5K | $357.7K | -1.1% |
| 3 Bedrooms | $640K | $670.5K | +4.8% |
| 4 Bedrooms | $1.1M | $1.2M | +10.9% |
| 5+ Bedrooms | $1.6M | $1.8M | +11.0% |
Summary: 28209 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 11%.
Housing Supply in 28209, NC
How many homes are available in 28209, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 134 | 147 | +9.7% |
Summary: The 28209 real estate market had 147 homes for sale in October 2024, a 9.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 12 | +71.4% |
| 2 Bedrooms | 30 | 28 | -6.7% |
| 3 Bedrooms | 50 | 58 | +16.0% |
| 4 Bedrooms | 30 | 31 | +3.3% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The 28209 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 71.4%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 29 | -21.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28209, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 28209 in October 2024, down by 21.6% month-over-month. Of the 29 sold homes, 38% were sold under asking, 38% were sold at asking, and 24% were sold over asking.
Days on Market for 28209, NC
How long does it take to sell a home in 28209, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 15 Days | +3.7% |
Summary: Homes in 28209 had an average of 15 days on market in Oct 2024, up by 3.7% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28209 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 29 homes were sold in 28209; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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