$10,000 Closing Credit*
$1,795,000
2,112 SqFt
3 Beds
•2 Full Baths
#100480955, Listing Office: Linda Rike Real Estate
Is 28512, 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, 28512 was a Seller's Market.
Key Takeaway
28512 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28512, NC
How much do homes in 28512, NC cost?
Median Sold Price
$630,000
$453/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,750(+3.2%)
Key Takeaway
Homes in 28512 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 28512 was $630,000 in November 2024, up 3.2% from last year, and the median price per square foot was $453.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $147.5K | +1.7% |
| 2 Bedrooms | $495K | $525K | +6.1% |
| 3 Bedrooms | $650K | $714K | +9.8% |
| 4 Bedrooms | $905.5K | $915K | +1.0% |
| 5+ Bedrooms | $1.5M | $1.8M | +23.3% |
Summary: 28512 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 23.3%.
Housing Supply in 28512, NC
How many homes are available in 28512, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 146 | 150 | +2.7% |
Summary: The 28512 real estate market had 150 homes for sale in November 2024, a 2.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 15 | +7.1% |
| 2 Bedrooms | 46 | 50 | +8.7% |
| 3 Bedrooms | 54 | 55 | +1.9% |
| 4 Bedrooms | 21 | 20 | -4.8% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 28512 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28512, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 28512 in November 2024, down by 5.6% month-over-month. Of the 17 sold homes, 65% were sold under asking, 12% were sold at asking, and 24% were sold over asking.
Days on Market for 28512, NC
How long does it take to sell a home in 28512, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 83 Days | +257.5% |
Summary: Homes in 28512 had an average of 83 days on market in Nov 2024, up by 257.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28512 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 28512; 53% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.