$1,722 Closing Credit*
$145,000
947 SqFt
1 Bed
•1 Full Bath
STACY WHITCOME, Listing Office: HADLEY PROPERTIES REAL ESTATE & DEVELOPMENT
Is 28385, 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, 28385 has remained a Seller's Market.
Key Takeaway
28385 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28385, NC
How much do homes in 28385, NC cost?
Median Sold Price
$271,450
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$11,025(-3.9%)
Key Takeaway
Homes in 28385 have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in 28385 was $271,450 in October 2024, down 3.9% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $125K | N/A |
| 2 Bedrooms | - | $145K | N/A |
| 3 Bedrooms | $275K | $279.1K | +1.5% |
| 4 Bedrooms | $284K | $291.5K | +2.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: 28385 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 did not change, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 28382 | $154K | $179.9K | +16.8% |
| 28328 | $215K | $239.5K | +11.4% |
| 28318 | $261K | $282.4K | +8.2% |
| 28385 | $282.4K | $271.4K | -3.9% |
Housing Supply in 28385, NC
How many homes are available in 28385, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The 28385 real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 28385 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28385, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 28385 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 28385, NC
How long does it take to sell a home in 28385, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 32 Days | -53.6% |
Summary: Homes in 28385 had an average of 32 days on market in Oct 2024, down by 53.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28385 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 28385; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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