$5,629 Closing Credit*
$473,990
1,853 SqFt
4 Beds
•4 Full Baths, 1 Partial
Listing Office: Thomas Property Group, Inc.
Is 28217, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 28217 was a Seller's Market.
Key Takeaway
28217 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28217, NC
How much do homes in 28217, NC cost?
Median Sold Price
$407,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,648(+2.4%)
Key Takeaway
Homes in 28217 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 28217 was $407,000 in October 2024, up 2.4% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $146.5K | -5.5% |
| 2 Bedrooms | $272.5K | $285K | +4.6% |
| 3 Bedrooms | $370K | $403.4K | +9.0% |
| 4 Bedrooms | $425K | $441.6K | +3.9% |
| 5+ Bedrooms | $434K | $570.3K | +31.4% |
Summary: 28217 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 31.4%.
Housing Supply in 28217, NC
How many homes are available in 28217, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 80 | +29.0% |
Summary: The 28217 real estate market had 80 homes for sale in October 2024, a 29.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 10 | +150.0% |
| 3 Bedrooms | 46 | 57 | +23.9% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 28217 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 23.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 7 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28217, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 28217 in October 2024, down by 50.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for 28217, NC
How long does it take to sell a home in 28217, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 75 Days | +152.1% |
Summary: Homes in 28217 had an average of 75 days on market in Oct 2024, up by 152.1% 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 28217 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 28217; 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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