$275,000
2.41 Acres
Land
Melanie Sewell, Listing Office: United Realty Group Inc
Is 28315, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$399,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,700(+1.7%)
Key Takeaway
Homes in 28315 have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in 28315 was $399,000 in October 2024, up 1.7% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $335K | -21.2% |
| 2 Bedrooms | $234K | $350K | +49.6% |
| 3 Bedrooms | $303.5K | $337.5K | +11.2% |
| 4 Bedrooms | $439K | $433.5K | -1.3% |
| 5+ Bedrooms | $479.9K | $525K | +9.4% |
Summary: 28315 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.2%, 2 bedroom homes increased by 49.6%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 9.4%.
Housing Supply in 28315, NC
How many homes are available in 28315, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 | 80 | -5.9% |
Summary: The 28315 real estate market had 80 homes for sale in October 2024, a 5.9% decrease 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 41 | 38 | -7.3% |
| 4 Bedrooms | 34 | 32 | -5.9% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 28315 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 decreased by 7.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28315, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 28315 in October 2024, down by 15.8% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 42 Days | -2.7% |
Summary: Homes in 28315 had an average of 42 days on market in Oct 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 16 homes were sold in 28315; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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