$500,000
40.02 Acres
Land
#100477039, Listing Office: Drummond Realty Group, LLC
Is 28326, 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, 28326 was a Seller's Market.
Key Takeaway
28326 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 28326, NC
How much do homes in 28326, NC cost?
Median Sold Price
$332,500
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,950(+1.8%)
Key Takeaway
Homes in 28326 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 28326 was $332,500 in October 2024, up 1.8% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $221K | +30.0% |
| 3 Bedrooms | $298.6K | $299.9K | 0.4% |
| 4 Bedrooms | $344.7K | $350K | +1.5% |
| 5+ Bedrooms | $362K | $350K | -3.3% |
Summary: 28326 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 increased by 30%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 3.3%.
Housing Supply in 28326, NC
How many homes are available in 28326, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 125 | 133 | +6.4% |
Summary: The 28326 real estate market had 133 homes for sale in October 2024, a 6.4% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 45 | 46 | +2.2% |
| 4 Bedrooms | 67 | 77 | +14.9% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The 28326 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 decreased by 50%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28326, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in 28326 in October 2024, down by 4.8% month-over-month. Of the 20 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% were sold over asking.
Days on Market for 28326, NC
How long does it take to sell a home in 28326, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 22 Days | -69.4% |
Summary: Homes in 28326 had an average of 22 days on market in Oct 2024, down by 69.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28326 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in 28326; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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