$7,244 Closing Credit*
$610,000
1,736 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Corcoran HM Properties
Is 28209, 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, 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
$699,999
$406/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,861(+7.0%)
Key Takeaway
Homes in 28209 have sold for 7% more than they did a year ago.
Summary: The median home sold price in 28209 was $699,999 in November 2024, up 7% from last year, and the median price per square foot was $406.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310.7K | $305K | -1.9% |
| 2 Bedrooms | $365K | $375K | +2.7% |
| 3 Bedrooms | $655.5K | $667K | +1.8% |
| 4 Bedrooms | $1.1M | $1.1M | +6.0% |
| 5+ Bedrooms | $1.6M | $1.8M | +10.9% |
Summary: 28209 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 10.9%.
Housing Supply in 28209, NC
How many homes are available in 28209, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 135 | 118 | -12.6% |
Summary: The 28209 real estate market had 118 homes for sale in November 2024, a 12.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 26 | 28 | +7.7% |
| 3 Bedrooms | 53 | 46 | -13.2% |
| 4 Bedrooms | 29 | 19 | -34.5% |
| 5+ Bedrooms | 19 | 16 | -15.8% |
Summary: The 28209 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes decreased by 34.5%, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 27 | -22.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 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. 44.4% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 28209 in November 2024, down by 22.9% month-over-month. Of the 27 sold homes, 44% were sold under asking, 30% were sold at asking, and 26% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 27 Days | -38.9% |
Summary: Homes in 28209 had an average of 27 days on market in Nov 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 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 November 2024, 27 homes were sold in 28209; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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