$12,500
0.18 Acres
Land
WILLIAM MCNEILL, Listing Office: COLDWELL BANKER ADVANTAGE - YADKIN ROAD
Is 28301, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$10,000(+6.7%)
Key Takeaway
Homes in 28301 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 28301 was $160,000 in December 2024, up 6.7% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | - | N/A |
| 2 Bedrooms | $113K | $115K | +1.8% |
| 3 Bedrooms | $155K | $160K | +3.2% |
| 4 Bedrooms | $231.5K | $213.7K | -7.7% |
| 5+ Bedrooms | $380K | $353.8K | -6.9% |
Summary: 28301 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 6.9%.
Housing Supply in 28301, NC
How many homes are available in 28301, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 79 | 73 | -7.6% |
Summary: The 28301 real estate market had 73 homes for sale in December 2024, a 7.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 57 | 49 | -14.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 28301 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 17 | +88.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28301, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 28301 in December 2024, up by 88.9% month-over-month. Of the 17 sold homes, 47% were sold under asking, 35% were sold at asking, and 18% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 19 Days | 20 Days | +1.9% |
Summary: Homes in 28301 had an average of 20 days on market in Dec 2024, up by 1.9% compared to last year.
Breakdown of Home Sale Times
14 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 28301 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 17 homes were sold in 28301; 82% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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