$6,116 Closing Credit*
$515,000
1,490 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100477028, Listing Office: Nexthome In The Pines
Is 28387, 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, 28387 was a Seller's Market.
Key Takeaway
28387 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 28387, NC
How much do homes in 28387, NC cost?
Median Sold Price
$525,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,000(+10.5%)
Key Takeaway
Homes in 28387 have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in 28387 was $525,000 in October 2024, up 10.5% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118K | $145K | +22.9% |
| 2 Bedrooms | $288.9K | $320.5K | +10.9% |
| 3 Bedrooms | $432.5K | $454.7K | +5.1% |
| 4 Bedrooms | $575K | $642.5K | +11.7% |
| 5+ Bedrooms | $630K | $729K | +15.7% |
Summary: 28387 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.9%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 15.7%.
Housing Supply in 28387, NC
How many homes are available in 28387, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 150 | 149 | -0.7% |
Summary: The 28387 real estate market had 149 homes for sale in October 2024, a 0.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 20 | 23 | +15.0% |
| 3 Bedrooms | 65 | 63 | -3.1% |
| 4 Bedrooms | 47 | 44 | -6.4% |
| 5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The 28387 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 increased by 15%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28387, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 28387 in October 2024, down by 7.7% month-over-month. Of the 24 sold homes, 46% were sold under asking, 33% were sold at asking, and 21% were sold over asking.
Days on Market for 28387, NC
How long does it take to sell a home in 28387, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 48 Days | +10.0% |
Summary: Homes in 28387 had an average of 48 days on market in Oct 2024, up by 10% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28387 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 24 homes were sold in 28387; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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