$4,750 Closing Credit*
$400,000
1,260 SqFt
3 Beds
•2 Full Baths
Listing Office: McNulty Realty LLC
Is 28217, 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, 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
$403,315
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,315(+1.1%)
Key Takeaway
Homes in 28217 have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in 28217 was $403,315 in November 2024, up 1.1% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $146.5K | -5.5% |
| 2 Bedrooms | $272.5K | $291K | +6.8% |
| 3 Bedrooms | $372.5K | $399.9K | +7.4% |
| 4 Bedrooms | $426K | $440K | +3.3% |
| 5+ Bedrooms | $434K | $570.3K | +31.4% |
Summary: 28217 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 3.3%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 90 | +16.9% |
Summary: The 28217 real estate market had 90 homes for sale in November 2024, a 16.9% 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 | 14 | +27.3% |
| 3 Bedrooms | 52 | 56 | +7.7% |
| 4 Bedrooms | 12 | 18 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 28217 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 27.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 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. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 28217 in November 2024, up by 57.1% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 30 Days | -2.9% |
Summary: Homes in 28217 had an average of 30 days on market in Nov 2024, down by 2.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 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 November 2024, 11 homes were sold in 28217; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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