$4,452 Closing Credit*
$374,900
2,980 SqFt
3 Beds
•2 Full Baths, 1 Partial
DAVID SATTELMEYER, Listing Office: CENTURY 21 The Realty Group
Is 28312, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 28312 was a Seller's Market.
Key Takeaway
28312 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 28312, NC
How much do homes in 28312, NC cost?
Median Sold Price
$300,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$16,666(-5.3%)
Key Takeaway
Homes in 28312 have sold for 5.3% less than they did a year ago.
Summary: The median home sold price in 28312 was $300,000 in October 2024, down 5.3% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | - | N/A |
| 2 Bedrooms | $117K | $115K | -1.7% |
| 3 Bedrooms | $250K | $275K | +10.0% |
| 4 Bedrooms | $339.9K | $340K | 0.0% |
| 5+ Bedrooms | $455K | $400K | -12.1% |
Summary: 28312 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 decreased by 1.7%, 3 bedroom homes increased by 10%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 12.1%.
Median Sold Price Compared To Nearby Zip Codes
| 28318 | $261K | $282.4K | +8.2% |
| 28306 | $289.9K | $287.3K | -0.9% |
| 28312 | $316.6K | $300K | -5.3% |
| 28391 | $315K | $297K | -5.7% |
Housing Supply in 28312, NC
How many homes are available in 28312, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 66 | +11.9% |
Summary: The 28312 real estate market had 66 homes for sale in October 2024, a 11.9% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 27 | 33 | +22.2% |
| 4 Bedrooms | 27 | 27 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 28312 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 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28312, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in 28312 in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 36% were sold under asking, 55% were sold at asking, and 9% were sold over asking.
Days on Market for 28312, NC
How long does it take to sell a home in 28312, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 30 Days | -32.9% |
Summary: Homes in 28312 had an average of 30 days on market in Oct 2024, down by 32.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28312 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 28312; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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