$3,171 Closing Credit*
$267,000
1,348 SqFt
3 Beds
•2 Full Baths
Tanya Thomas, Listing Office: Be Home Realty
Is 28387, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 28387 has remained a Neutral 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
$535,000
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+11.5%)
Key Takeaway
Homes in 28387 have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in 28387 was $535,000 in November 2024, up 11.5% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $145K | +26.1% |
| 2 Bedrooms | $302.5K | $325K | +7.4% |
| 3 Bedrooms | $432.5K | $476K | +10.1% |
| 4 Bedrooms | $578.3K | $642.5K | +11.1% |
| 5+ Bedrooms | $636.7K | $724.2K | +13.7% |
Summary: 28387 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.1%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 13.7%.
Housing Supply in 28387, NC
How many homes are available in 28387, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 138 | 139 | +0.7% |
Summary: The 28387 real estate market had 139 homes for sale in November 2024, a 0.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 23 | +9.5% |
| 3 Bedrooms | 60 | 61 | +1.7% |
| 4 Bedrooms | 40 | 39 | -2.5% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 28387 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 20 | -20.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28387, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 28387 in November 2024, down by 20.0% month-over-month. Of the 20 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 59 Days | +3.4% |
Summary: Homes in 28387 had an average of 59 days on market in Nov 2024, up by 3.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28387 has remained consistent over time.
Summary: During November 2024, 20 homes were sold in 28387; 35% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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