$2,553 Closing Credit*
$215,000
1,344 SqFt
3 Beds
•2 Full Baths
Listing Office: Coldwell Banker Advantage - Yadkin Road
Is 28314, 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, 28314 has remained a Seller's Market.
Key Takeaway
28314 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28314, NC
How much do homes in 28314, NC cost?
Median Sold Price
$221,412
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,546(+5.5%)
Key Takeaway
Homes in 28314 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 28314 was $221,412 in November 2024, up 5.5% 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 | $75.5K | $68K | -9.9% |
| 2 Bedrooms | $116.5K | $130K | +11.6% |
| 3 Bedrooms | $200K | $216K | +8.0% |
| 4 Bedrooms | $265K | $280K | +5.7% |
| 5+ Bedrooms | $345K | $360K | +4.3% |
Summary: 28314 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.9%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 4.3%.
Housing Supply in 28314, NC
How many homes are available in 28314, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 302 | 303 | 0.3% |
Summary: The 28314 real estate market had 303 homes for sale in November 2024, a 0.3% increase 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 | 31 | 41 | +32.3% |
| 3 Bedrooms | 180 | 178 | -1.1% |
| 4 Bedrooms | 75 | 69 | -8.0% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The 28314 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 increased by 32.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 64 | -5.9% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28314, expect to pay close to the asking price. 46.9% of homes here sold near the asking price last month.
Summary: A total of 64 homes were sold or pending in 28314 in November 2024, down by 5.9% month-over-month. Of the 64 sold homes, 33% were sold under asking, 47% were sold at asking, and 20% were sold over asking.
Days on Market for 28314, NC
How long does it take to sell a home in 28314, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 37 Days | +92.9% |
Summary: Homes in 28314 had an average of 37 days on market in Nov 2024, up by 92.9% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28314 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 64 homes were sold in 28314; 61% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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