$2,613 Closing Credit*
$220,000
1,349 SqFt
2 Beds
•2 Full Baths
ANDREA WILLIAMS, Listing Office: EXP REALTY LLC
Is 28301, 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, 28301 has remained a Seller's Market.
Key Takeaway
28301 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28301, NC
How much do homes in 28301, NC cost?
Median Sold Price
$160,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,666(+7.9%)
Key Takeaway
Homes in 28301 have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in 28301 was $160,000 in October 2024, up 7.9% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | - | N/A |
| 2 Bedrooms | $102K | $110K | +7.8% |
| 3 Bedrooms | $155K | $160K | +3.2% |
| 4 Bedrooms | $238.2K | $211.2K | -11.3% |
| 5+ Bedrooms | $380K | $262.5K | -30.9% |
Summary: 28301 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 30.9%.
Housing Supply in 28301, NC
How many homes are available in 28301, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 88 | +7.3% |
Summary: The 28301 real estate market had 88 homes for sale in October 2024, a 7.3% 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 | 13 | 15 | +15.4% |
| 3 Bedrooms | 54 | 59 | +9.3% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 28301 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 15.4%, 3 bedroom homes increased by 9.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28301, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 28301 in October 2024, up by 12.5% month-over-month. Of the 18 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for 28301, NC
How long does it take to sell a home in 28301, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 31 Days | -37.0% |
Summary: Homes in 28301 had an average of 31 days on market in Oct 2024, down by 37% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28301 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in 28301; 61% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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