$3,629 Closing Credit*
$305,560
1,567 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: NVR Homes, Inc./Ryan Homes
Is 28214, 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, 28214 was a Seller's Market.
Key Takeaway
28214 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 28214, NC
How much do homes in 28214, NC cost?
Median Sold Price
$369,228
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,328(+7.1%)
Key Takeaway
Homes in 28214 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 28214 was $369,228 in November 2024, up 7.1% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $106.5K | - | N/A |
| 2 Bedrooms | $300K | $250K | -16.7% |
| 3 Bedrooms | $325K | $345K | +6.2% |
| 4 Bedrooms | $380.5K | $394.9K | +3.8% |
| 5+ Bedrooms | $478.1K | $580.6K | +21.4% |
Summary: 28214 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 16.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 21.4%.
Housing Supply in 28214, NC
How many homes are available in 28214, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 233 | 251 | +7.7% |
Summary: The 28214 real estate market had 251 homes for sale in November 2024, a 7.7% 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 | 11 | 8 | -27.3% |
| 3 Bedrooms | 138 | 153 | +10.9% |
| 4 Bedrooms | 67 | 74 | +10.4% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 28214 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 decreased by 27.3%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 40 | -25.9% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28214, you may be able to get a good deal. 52.5% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in 28214 in November 2024, down by 25.9% month-over-month. Of the 40 sold homes, 53% were sold under asking, 30% were sold at asking, and 18% were sold over asking.
Days on Market for 28214, NC
How long does it take to sell a home in 28214, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 41 Days | +22.2% |
Summary: Homes in 28214 had an average of 41 days on market in Nov 2024, up by 22.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28214 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 40 homes were sold in 28214; 53% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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