$3,325 Closing Credit*
$280,000
1,803 SqFt
3 Beds
•2 Full Baths
SASQUATCH REAL ESTATE TEAM, Listing Office: SASQUATCH REAL ESTATE TEAM
Is 28311, 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, 28311 has remained a Seller's Market.
Key Takeaway
28311 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28311, NC
How much do homes in 28311, NC cost?
Median Sold Price
$256,583
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$15,805(+6.6%)
Key Takeaway
Homes in 28311 have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in 28311 was $256,583 in December 2024, up 6.6% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $130K | $141.2K | +8.7% |
| 3 Bedrooms | $205K | $230K | +12.2% |
| 4 Bedrooms | $325K | $310K | -4.6% |
| 5+ Bedrooms | $407K | $435K | +6.9% |
Summary: 28311 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 8.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 6.9%.
Housing Supply in 28311, NC
How many homes are available in 28311, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 197 | 202 | +2.5% |
Summary: The 28311 real estate market had 202 homes for sale in December 2024, a 2.5% increase 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 | 13 | +18.2% |
| 3 Bedrooms | 113 | 113 | 0.0% |
| 4 Bedrooms | 49 | 53 | +8.2% |
| 5+ Bedrooms | 24 | 23 | -4.2% |
Summary: The 28311 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 18.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 4.2%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 32 | 41 | +28.1% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28311, you may be able to get a good deal. 48.8% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in 28311 in December 2024, up by 28.1% month-over-month. Of the 41 sold homes, 49% were sold under asking, 34% were sold at asking, and 17% were sold over asking.
Days on Market for 28311, NC
How long does it take to sell a home in 28311, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 33 Days | 39 Days | +15.9% |
Summary: Homes in 28311 had an average of 39 days on market in Dec 2024, up by 15.9% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28311 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 41 homes were sold in 28311; 63% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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