$2,553 Closing Credit*
$215,000
1,237 SqFt
3 Beds
•2 Full Baths
PATRICK WHITE, Listing Office: ONNIT REALTY GROUP
Is 28303, 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, 28303 has remained a Seller's Market.
Key Takeaway
28303 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28303, NC
How much do homes in 28303, NC cost?
Median Sold Price
$225,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,035(+9.8%)
Key Takeaway
Homes in 28303 have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in 28303 was $225,000 in October 2024, up 9.8% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $120.5K | $135K | +12.0% |
| 3 Bedrooms | $204.1K | $217K | +6.3% |
| 4 Bedrooms | $248K | $285K | +14.9% |
| 5+ Bedrooms | $433.5K | $515K | +18.8% |
Summary: 28303 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 12%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 18.8%.
Housing Supply in 28303, NC
How many homes are available in 28303, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 187 | 174 | -7.0% |
Summary: The 28303 real estate market had 174 homes for sale in October 2024, a 7.0% decrease 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 | 18 | 20 | +11.1% |
| 3 Bedrooms | 106 | 103 | -2.8% |
| 4 Bedrooms | 46 | 39 | -15.2% |
| 5+ Bedrooms | 17 | 12 | -29.4% |
Summary: The 28303 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 11.1%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 29.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 44 | +12.8% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28303, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in 28303 in October 2024, up by 12.8% month-over-month. Of the 44 sold homes, 59% were sold under asking, 23% were sold at asking, and 18% were sold over asking.
Days on Market for 28303, NC
How long does it take to sell a home in 28303, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 33 Days | -37.4% |
Summary: Homes in 28303 had an average of 33 days on market in Oct 2024, down by 37.4% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28303 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 44 homes were sold in 28303; 59% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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