$2,494 Closing Credit*
$210,000
1,187 SqFt
3 Beds
•2 Full Baths
LYSSANLYS MORALES, Listing Office: LIFESTYLE INTERNATIONAL REALTY
Is 28348, 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, 28348 has remained a Seller's Market.
Key Takeaway
28348 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28348, NC
How much do homes in 28348, NC cost?
Median Sold Price
$270,222
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,022(+1.9%)
Key Takeaway
Homes in 28348 have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in 28348 was $270,222 in October 2024, up 1.9% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $144.7K | $141K | -2.6% |
| 3 Bedrooms | $231.1K | $245K | +6.0% |
| 4 Bedrooms | $319.2K | $339.9K | +6.5% |
| 5+ Bedrooms | $380K | $398K | +4.7% |
Summary: 28348 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 decreased by 2.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Zip Codes
| 28371 | $260K | $274.9K | +5.7% |
| 28348 | $265.2K | $270.2K | +1.9% |
| 28306 | $289.9K | $287.3K | -0.9% |
Housing Supply in 28348, NC
How many homes are available in 28348, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 188 | 201 | +6.9% |
Summary: The 28348 real estate market had 201 homes for sale in October 2024, a 6.9% 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 | 4 | 7 | +75.0% |
| 3 Bedrooms | 109 | 113 | +3.7% |
| 4 Bedrooms | 65 | 67 | +3.1% |
| 5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The 28348 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 increased by 75%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 50 | +19.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28348, expect to pay close to the asking price. 44% of homes here sold near the asking price last month.
Summary: A total of 50 homes were sold or pending in 28348 in October 2024, up by 19.0% month-over-month. Of the 50 sold homes, 34% were sold under asking, 44% were sold at asking, and 22% were sold over asking.
Days on Market for 28348, NC
How long does it take to sell a home in 28348, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 34 Days | -51.7% |
Summary: Homes in 28348 had an average of 34 days on market in Oct 2024, down by 51.7% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28348 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 50 homes were sold in 28348; 62% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved.
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.