$2,707 Closing Credit*
$227,990
1,183 SqFt
3 Beds
•2 Full Baths
#100480615, Listing Office: D.R. Horton, Inc.
Is 28504, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 28504 was a Buyer's Market.
Key Takeaway
28504 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 28504, NC
How much do homes in 28504, NC cost?
Median Sold Price
$223,490
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,590(+6.5%)
Key Takeaway
Homes in 28504 have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in 28504 was $223,490 in November 2024, up 6.5% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $133.7K | $105.2K | -21.3% |
| 3 Bedrooms | $200K | $211.5K | +5.8% |
| 4 Bedrooms | $240K | $244.7K | +2.0% |
| 5+ Bedrooms | $305K | $320K | +4.9% |
Summary: 28504 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 2%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 93 | 98 | +5.4% |
Summary: The 28504 real estate market had 98 homes for sale in November 2024, a 5.4% increase 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 | 9 | 9 | 0.0% |
| 3 Bedrooms | 72 | 73 | +1.4% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 28504 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 remained the same, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
13 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. 81.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 28504 in November 2024, up by 23.1% month-over-month. Of the 16 sold homes, 81% were sold under asking, 13% were sold at asking, and 6% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 77 Days | +67.5% |
Summary: Homes in 28504 had an average of 77 days on market in Nov 2024, up by 67.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 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 November 2024, 16 homes were sold in 28504; 44% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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