$4,602 Closing Credit*
$387,500
1,440 SqFt
3 Beds
•2 Full Baths
#100476236, Listing Office: Redfin Corporation
Is 28411, 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, 28411 has remained a Seller's Market.
Key Takeaway
28411 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28411, NC
How much do homes in 28411, NC cost?
Median Sold Price
$453,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,250(+0.9%)
Key Takeaway
Homes in 28411 have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in 28411 was $453,000 in October 2024, up 0.9% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $275K | $342.5K | +24.5% |
| 3 Bedrooms | $358K | $375K | +4.7% |
| 4 Bedrooms | $550K | $635K | +15.5% |
| 5+ Bedrooms | $721.5K | $776.5K | +7.6% |
Summary: 28411 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 increased by 24.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 7.6%.
Housing Supply in 28411, NC
How many homes are available in 28411, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 214 | 215 | 0.5% |
Summary: The 28411 real estate market had 215 homes for sale in October 2024, a 0.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 103 | 100 | -2.9% |
| 4 Bedrooms | 83 | 80 | -3.6% |
| 5+ Bedrooms | 20 | 23 | +15.0% |
Summary: The 28411 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 43 | -2.3% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28411, you may be able to get a good deal. 60.5% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in 28411 in October 2024, down by 2.3% month-over-month. Of the 43 sold homes, 60% were sold under asking, 21% were sold at asking, and 19% were sold over asking.
Days on Market for 28411, NC
How long does it take to sell a home in 28411, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 44 Days | +55.6% |
Summary: Homes in 28411 had an average of 44 days on market in Oct 2024, up by 55.6% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28411 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 43 homes were sold in 28411; 70% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
