$3,858 Closing Credit*
$324,900
2,580 SqFt
4 Beds
•2 Full Baths
Beth Hines, Jay Kornegay, Listing Office: RE/MAX SOUTHLAND REALTY II
Is 28525, 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, 28525 has remained a Seller's Market.
Key Takeaway
28525 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28525, NC
How much do homes in 28525, NC cost?
Median Sold Price
$237,500
$188/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$29,000(-10.9%)
Key Takeaway
Homes in 28525 have sold for 10.9% less than they did a month ago.
Summary: The median home sold price in 28525 was $237,500 in October 2024, down 10.9% from last month, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $268K | $237.5K | -11.4% |
| 4 Bedrooms | $259.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 28525 housing prices by bedroom type for October 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 11.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 28572 | $297K | $280K | -5.7% |
| 28525 | $266.5K | $237.5K | -10.9% |
| 28508 | $245K | $120K | -51.0% |
Housing Supply in 28525, NC
How many homes are available in 28525, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Summary: The 28525 real estate market had 10 homes for sale in October 2024, a 28.6% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 28525 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 decreased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28525, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 28525 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 28525, NC
How long does it take to sell a home in 28525, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 103 Days | 77 Days | -25.0% |
Summary: Homes in 28525 had an average of 77 days on market in Oct 2024, down by 25% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 28525 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in 28525; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.