$5,344 Closing Credit*
$450,000
2,048 SqFt
4 Beds
•2 Full Baths, 1 Partial
#100480477, Listing Office: Intracoastal Realty Corp
Is 28411, 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, 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
$463,100
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,171(+3.2%)
Key Takeaway
Homes in 28411 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 28411 was $463,100 in November 2024, up 3.2% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $275K | $337.5K | +22.7% |
| 3 Bedrooms | $359.4K | $375K | +4.3% |
| 4 Bedrooms | $547.5K | $622.5K | +13.7% |
| 5+ Bedrooms | $747.5K | $778K | +4.1% |
Summary: 28411 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 increased by 22.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 4.1%.
Housing Supply in 28411, NC
How many homes are available in 28411, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 213 | 207 | -2.8% |
Summary: The 28411 real estate market had 207 homes for sale in November 2024, a 2.8% 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 | 13 | 7 | -46.2% |
| 3 Bedrooms | 99 | 92 | -7.1% |
| 4 Bedrooms | 79 | 85 | +7.6% |
| 5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The 28411 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 decreased by 46.2%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 43 | -6.5% |
Asking Price vs. Sold Price
25 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 28411, you may be able to get a good deal. 58.1% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in 28411 in November 2024, down by 6.5% month-over-month. Of the 43 sold homes, 58% were sold under asking, 23% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 41 Days | +59.9% |
Summary: Homes in 28411 had an average of 41 days on market in Nov 2024, up by 59.9% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 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 November 2024, 43 homes were sold in 28411; 63% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
