$5,403 Closing Credit*
$455,000
3,402 SqFt
5 Beds
•4 Full Baths
PATRICK WHITE, Listing Office: ONNIT 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 November 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 November 2023
-$15,000(-4.8%)
Key Takeaway
Homes in 28312 have sold for 4.8% less than they did a year ago.
Summary: The median home sold price in 28312 was $300,000 in November 2024, down 4.8% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | - | N/A |
| 2 Bedrooms | $72.2K | $126.3K | +74.9% |
| 3 Bedrooms | $245K | $275K | +12.2% |
| 4 Bedrooms | $349.9K | $330K | -5.7% |
| 5+ Bedrooms | $455K | $400K | -12.1% |
Summary: 28312 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 74.9%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 12.1%.
Median Sold Price Compared To Nearby Zip Codes
| 28318 | $264.9K | $289.9K | +9.4% |
| 28306 | $295.9K | $287.6K | -2.8% |
| 28312 | $315K | $300K | -4.8% |
| 28391 | $316.5K | $299.4K | -5.4% |
Housing Supply in 28312, NC
How many homes are available in 28312, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 70 | +6.1% |
Summary: The 28312 real estate market had 70 homes for sale in November 2024, a 6.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 29 | 32 | +10.3% |
| 4 Bedrooms | 31 | 32 | +3.2% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 28312 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 remained the same, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were 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 November 2024, down by 8.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 55% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 82 Days | 33 Days | -59.7% |
Summary: Homes in 28312 had an average of 33 days on market in Nov 2024, down by 59.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28312 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 28312; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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