$4,749 Closing Credit*
$399,900
1,560 SqFt
3 Beds
•2 Full Baths
#100480411, Listing Office: Intracoastal Realty Corp
Is 28409, 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, 28409 has remained a Seller's Market.
Key Takeaway
28409 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28409, NC
How much do homes in 28409, NC cost?
Median Sold Price
$526,271
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,770(+8.4%)
Key Takeaway
Homes in 28409 have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in 28409 was $526,271 in November 2024, up 8.4% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | - | N/A |
| 2 Bedrooms | $295K | $280K | -5.1% |
| 3 Bedrooms | $419.1K | $457.3K | +9.1% |
| 4 Bedrooms | $569.5K | $629.9K | +10.6% |
| 5+ Bedrooms | $640.1K | $825K | +28.9% |
Summary: 28409 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 5.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 28.9%.
Housing Supply in 28409, NC
How many homes are available in 28409, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 195 | 168 | -13.8% |
Summary: The 28409 real estate market had 168 homes for sale in November 2024, a 13.8% decrease 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 | 3 | 6 | +100.0% |
| 3 Bedrooms | 80 | 60 | -25.0% |
| 4 Bedrooms | 94 | 83 | -11.7% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The 28409 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 decreased by 11.7%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 29 | -45.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28409, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 28409 in November 2024, down by 45.3% month-over-month. Of the 29 sold homes, 38% were sold under asking, 34% were sold at asking, and 28% were sold over asking.
Days on Market for 28409, NC
How long does it take to sell a home in 28409, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 79 Days | +168.1% |
Summary: Homes in 28409 had an average of 79 days on market in Nov 2024, up by 168.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28409 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in 28409; 48% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
