$2,136 Closing Credit*
$179,900
1,092 SqFt
3 Beds
•1 Full Bath, 1 Partial
#100473599, Listing Office: KINSTON REALTY GROUP
Is 28504, 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, 28504 was a Seller's Market.
Key Takeaway
28504 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28504, NC
How much do homes in 28504, NC cost?
Median Sold Price
$223,490
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,490(+9.0%)
Key Takeaway
Homes in 28504 have sold for 9% more than they did a year ago.
Summary: The median home sold price in 28504 was $223,490 in October 2024, up 9% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $132.5K | $105.2K | -20.6% |
| 3 Bedrooms | $200K | $205K | +2.5% |
| 4 Bedrooms | $235K | $247.4K | +5.3% |
| 5+ Bedrooms | $305K | $320K | +4.9% |
Summary: 28504 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 4.9%.
Housing Supply in 28504, NC
How many homes are available in 28504, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 93 | +2.2% |
Summary: The 28504 real estate market had 93 homes for sale in October 2024, a 2.2% increase 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 | 8 | 8 | 0.0% |
| 3 Bedrooms | 69 | 72 | +4.3% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 28504 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 increased by 4.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28504, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 28504 in October 2024, down by 23.5% month-over-month. Of the 13 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.
Days on Market for 28504, NC
How long does it take to sell a home in 28504, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 48 Days | +56.2% |
Summary: Homes in 28504 had an average of 48 days on market in Oct 2024, up by 56.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28504 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 28504; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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