$1,602 Closing Credit*
$134,900
760 SqFt
2 Beds
•2 Full Baths
ESSENCE REALTY GROUP, Listing Office: REAL BROKER LLC
Is 28303, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 28303 was a Seller's Market.
Key Takeaway
28303 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 28303, NC
How much do homes in 28303, NC cost?
Median Sold Price
$229,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$20,280(+9.7%)
Key Takeaway
Homes in 28303 have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in 28303 was $229,000 in December 2024, up 9.7% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $123.5K | $135.5K | +9.7% |
| 3 Bedrooms | $208K | $220K | +5.8% |
| 4 Bedrooms | $246.5K | $285K | +15.6% |
| 5+ Bedrooms | $420K | $434.8K | +3.5% |
Summary: 28303 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 9.7%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 3.5%.
Housing Supply in 28303, NC
How many homes are available in 28303, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 148 | 144 | -2.7% |
Summary: The 28303 real estate market had 144 homes for sale in December 2024, a 2.7% 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 | 19 | 15 | -21.1% |
| 3 Bedrooms | 80 | 83 | +3.8% |
| 4 Bedrooms | 37 | 37 | 0.0% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The 28303 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 decreased by 21.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 31 | 24 | -22.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28303, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 28303 in December 2024, down by 22.6% month-over-month. Of the 24 sold homes, 67% were sold under asking, 21% were sold at asking, and 13% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 23 Days | 52 Days | +123.5% |
Summary: Homes in 28303 had an average of 52 days on market in Dec 2024, up by 123.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 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 December 2024, 24 homes were sold in 28303; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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