$5,700 Closing Credit*
$480,000
1,960 SqFt
3 Beds
•2 Full Baths
#100475713, Listing Office: Coldwell Banker Sloane Realty OIB
Is 28420, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 28420 has remained a Seller's Market.
Key Takeaway
28420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28420, NC
How much do homes in 28420, NC cost?
Median Sold Price
$333,500
$205/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$30,600(-8.4%)
Key Takeaway
Homes in 28420 have sold for 8.4% less than they did a month ago.
Summary: The median home sold price in 28420 was $333,500 in October 2024, down 8.4% from last month, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $205K | N/A |
| 3 Bedrooms | $364.1K | $360.7K | -0.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $409.7K | N/A |
Summary: 28420 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 28420, NC
How many homes are available in 28420, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 16 | -30.4% |
Summary: The 28420 real estate market had 16 homes for sale in October 2024, a 30.4% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 17 | 9 | -47.1% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 28420 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 remained the same, 3 bedroom homes decreased by 47.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28420, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 28420 in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for 28420, NC
How long does it take to sell a home in 28420, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 34 Days | -58.0% |
Summary: Homes in 28420 had an average of 34 days on market in Oct 2024, down by 58% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28420 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 28420; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
