$530,000
126.26 Acres
Land
#100479362, Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties
Is 28478, 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, 28478 has remained a Seller's Market.
Key Takeaway
28478 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28478, NC
How much do homes in 28478, NC cost?
Median Sold Price
$157,500
$110/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$97,725(-38.3%)
Key Takeaway
Homes in 28478 have sold for 38.3% less than they did a month ago.
Summary: The median home sold price in 28478 was $157,500 in November 2024, down 38.3% from last month, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $192.6K | $157.5K | -18.2% |
| 4 Bedrooms | $900K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 28478 housing prices by bedroom type for November 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 18.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 28478, NC
How many homes are available in 28478, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The 28478 real estate market had 11 homes for sale in November 2024, a 8.3% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 28478 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 increased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28478, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 28478 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 28478, NC
How long does it take to sell a home in 28478, NC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 48 Days | +91.4% |
Summary: Homes in 28478 had an average of 48 days on market in Nov 2024, up by 91.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28478 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 28478; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
