$4,619 Closing Credit*
$389,000
1,868 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100480856, Listing Office: Formyduval Homes Real Estate, LLC
Is 28394, 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, 28394 has remained a Seller's Market.
Key Takeaway
28394 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28394, NC
How much do homes in 28394, NC cost?
Median Sold Price
$374,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,000(+1.1%)
Key Takeaway
Homes in 28394 have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in 28394 was $374,000 in November 2024, up 1.1% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $307.5K | N/A |
| 2 Bedrooms | $190K | $187.5K | -1.3% |
| 3 Bedrooms | $336.3K | $330.4K | -1.7% |
| 4 Bedrooms | $399K | $397.4K | -0.4% |
| 5+ Bedrooms | $414.9K | $477.5K | +15.1% |
Summary: 28394 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 15.1%.
Housing Supply in 28394, NC
How many homes are available in 28394, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 56 | -15.2% |
Summary: The 28394 real estate market had 56 homes for sale in November 2024, a 15.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 36 | 27 | -25.0% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The 28394 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 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28394, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 28394 in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.
Days on Market for 28394, NC
How long does it take to sell a home in 28394, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 66 Days | +130.1% |
Summary: Homes in 28394 had an average of 66 days on market in Nov 2024, up by 130.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28394 has remained consistent over time.
Summary: During November 2024, 11 homes were sold in 28394; 27% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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