$1,900 Closing Credit*
$160,000
1,320 SqFt
2 Beds
•2 Full Baths
MARK DOW, Listing Office: CRESFUND REALTY
Is 28304, 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, 28304 has remained a Seller's Market.
Key Takeaway
28304 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28304, NC
How much do homes in 28304, NC cost?
Median Sold Price
$209,933
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,933(+7.7%)
Key Takeaway
Homes in 28304 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 28304 was $209,933 in October 2024, up 7.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | $53.5K | -10.8% |
| 2 Bedrooms | $135.3K | $150K | +10.9% |
| 3 Bedrooms | $189.9K | $199.9K | +5.3% |
| 4 Bedrooms | $275K | $288K | +4.7% |
| 5+ Bedrooms | $340K | $379.9K | +11.7% |
Summary: 28304 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 11.7%.
Housing Supply in 28304, NC
How many homes are available in 28304, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 153 | 163 | +6.5% |
Summary: The 28304 real estate market had 163 homes for sale in October 2024, a 6.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 110 | 122 | +10.9% |
| 4 Bedrooms | 30 | 27 | -10.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 28304 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 remained the same, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 36 | +9.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28304, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in 28304 in October 2024, up by 9.1% month-over-month. Of the 36 sold homes, 47% were sold under asking, 42% were sold at asking, and 11% were sold over asking.
Days on Market for 28304, NC
How long does it take to sell a home in 28304, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 31 Days | -27.1% |
Summary: Homes in 28304 had an average of 31 days on market in Oct 2024, down by 27.1% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28304 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 36 homes were sold in 28304; 72% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.