$4,204 Closing Credit*
$354,000
1,861 SqFt
4 Beds
•2 Full Baths, 1 Partial
#100481780, Listing Office: Keller Williams Pinehurst
Is 28315, 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, 28315 has remained a Seller's Market.
Key Takeaway
28315 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28315, NC
How much do homes in 28315, NC cost?
Median Sold Price
$400,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$1,000(+0.3%)
Key Takeaway
The sold price of homes in 28315 has remained the same since last year.
Summary: The median home sold price in 28315 was $400,000 in December 2024, up 0.3% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $485K | +59.0% |
| 2 Bedrooms | $234K | $252.4K | +7.9% |
| 3 Bedrooms | $305K | $340K | +11.5% |
| 4 Bedrooms | $448.7K | $430K | -4.2% |
| 5+ Bedrooms | $489K | $520K | +6.3% |
Summary: 28315 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 28315, NC
How many homes are available in 28315, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 80 | 67 | -16.3% |
Summary: The 28315 real estate market had 67 homes for sale in December 2024, a 16.3% decrease 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 31 | 29 | -6.5% |
| 4 Bedrooms | 39 | 32 | -17.9% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 28315 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 decreased by 50%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28315, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 28315 in December 2024, down by 23.5% month-over-month. Of the 13 sold homes, 62% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for 28315, NC
How long does it take to sell a home in 28315, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 71 Days | 42 Days | -40.4% |
Summary: Homes in 28315 had an average of 42 days on market in Dec 2024, down by 40.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28315 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 13 homes were sold in 28315; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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