$3,450,000
3,408 SqFt
4 Beds
•4 Full Baths, 1 Partial
#100476277, Listing Office: Landmark Sotheby's International Realty
Is 28461, 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, 28461 was a Seller's Market.
Key Takeaway
28461 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 28461, NC
How much do homes in 28461, NC cost?
Median Sold Price
$462,333
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,277(+7.5%)
Key Takeaway
Homes in 28461 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 28461 was $462,333 in October 2024, up 7.5% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $267.5K | $295K | +10.3% |
| 2 Bedrooms | $308K | $321K | +4.2% |
| 3 Bedrooms | $410.5K | $430.2K | +4.8% |
| 4 Bedrooms | $758.7K | $781K | +2.9% |
| 5+ Bedrooms | $1.7M | $1.8M | +3.1% |
Summary: 28461 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in 28461, NC
How many homes are available in 28461, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 337 | 352 | +4.5% |
Summary: The 28461 real estate market had 352 homes for sale in October 2024, a 4.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 8 | -20.0% |
| 2 Bedrooms | 45 | 43 | -4.4% |
| 3 Bedrooms | 178 | 195 | +9.6% |
| 4 Bedrooms | 90 | 89 | -1.1% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The 28461 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 52 | -5.5% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28461, you may be able to get a good deal. 73.1% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in 28461 in October 2024, down by 5.5% month-over-month. Of the 52 sold homes, 73% were sold under asking, 19% were sold at asking, and 8% were sold over asking.
Days on Market for 28461, NC
How long does it take to sell a home in 28461, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 79 Days | +18.8% |
Summary: Homes in 28461 had an average of 79 days on market in Oct 2024, up by 18.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28461 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 52 homes were sold in 28461; 37% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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