$2,939 Closing Credit*
$247,500
1,811 SqFt
3 Beds
•2 Full Baths
CARL MCCLOUD, Listing Office: MCCLOUD REAL ESTATE LLC.
Is 28304, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$210,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+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 $210,000 in November 2024, up 7.7% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | $53.5K | -10.8% |
| 2 Bedrooms | $135.3K | $144K | +6.4% |
| 3 Bedrooms | $190K | $200K | +5.3% |
| 4 Bedrooms | $261.4K | $292K | +11.7% |
| 5+ Bedrooms | $334.9K | $379.9K | +13.4% |
Summary: 28304 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 13.4%.
Housing Supply in 28304, NC
How many homes are available in 28304, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 161 | 153 | -5.0% |
Summary: The 28304 real estate market had 153 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 4 | -50.0% |
| 3 Bedrooms | 120 | 119 | -0.8% |
| 4 Bedrooms | 27 | 25 | -7.4% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 28304 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 32 | -23.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28304, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 32 homes were sold or pending in 28304 in November 2024, down by 23.8% month-over-month. Of the 32 sold homes, 31% were sold under asking, 38% were sold at asking, and 31% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 43 Days | +24.9% |
Summary: Homes in 28304 had an average of 43 days on market in Nov 2024, up by 24.9% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 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 November 2024, 32 homes were sold in 28304; 59% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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