$10,000 Closing Credit*
$950,000
2,364 SqFt
4 Beds
•3 Full Baths
#100476166, Listing Office: Barber Realty Group Inc.
Is 28428, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 28428 was a Seller's Market.
Key Takeaway
28428 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28428, NC
How much do homes in 28428, NC cost?
Median Sold Price
$614,687
$468/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,687(+2.4%)
Key Takeaway
Homes in 28428 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 28428 was $614,687 in October 2024, up 2.4% from last year, and the median price per square foot was $468.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $369.5K | $345K | -6.6% |
| 2 Bedrooms | $455K | $493K | +8.4% |
| 3 Bedrooms | $675K | $675K | 0.0% |
| 4 Bedrooms | $829K | $815.5K | -1.6% |
| 5+ Bedrooms | $1.1M | $1.0M | -12.1% |
Summary: 28428 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes increased by 8.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 12.1%.
Housing Supply in 28428, NC
How many homes are available in 28428, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 189 | 211 | +11.6% |
Summary: The 28428 real estate market had 211 homes for sale in October 2024, a 11.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 24 | -4.0% |
| 2 Bedrooms | 30 | 40 | +33.3% |
| 3 Bedrooms | 72 | 77 | +6.9% |
| 4 Bedrooms | 39 | 45 | +15.4% |
| 5+ Bedrooms | 23 | 25 | +8.7% |
Summary: The 28428 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 8.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 28 | -6.7% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28428, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in 28428 in October 2024, down by 6.7% month-over-month. Of the 28 sold homes, 86% were sold under asking, 7% were sold at asking, and 7% were sold over asking.
Days on Market for 28428, NC
How long does it take to sell a home in 28428, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 87 Days | +83.3% |
Summary: Homes in 28428 had an average of 87 days on market in Oct 2024, up by 83.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28428 has remained consistent over time.
Summary: During October 2024, 28 homes were sold in 28428; 29% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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