$125,000
2.79 Acres
Land
#100474295, Listing Office: COLDWELL BANKER SEA COAST ADVANTAGE
Is 28532, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 28532 has remained a Seller's Market.
Key Takeaway
28532 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28532, NC
How much do homes in 28532, NC cost?
Median Sold Price
$251,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,000(+5.0%)
Key Takeaway
Homes in 28532 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 28532 was $251,000 in October 2024, up 5% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135K | $156.7K | +16.1% |
| 3 Bedrooms | $235K | $248.5K | +5.7% |
| 4 Bedrooms | $305K | $284.9K | -6.6% |
| 5+ Bedrooms | $295K | $375K | +27.1% |
Summary: 28532 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 increased by 16.1%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 27.1%.
Housing Supply in 28532, NC
How many homes are available in 28532, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 | 80 | -9.1% |
Summary: The 28532 real estate market had 80 homes for sale in October 2024, a 9.1% 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 | 5 | 9 | +80.0% |
| 3 Bedrooms | 64 | 54 | -15.6% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 28532 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 increased by 80%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28532, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 28532 in October 2024, down by 16.7% month-over-month. Of the 20 sold homes, 50% were sold under asking, 35% were sold at asking, and 15% were sold over asking.
Days on Market for 28532, NC
How long does it take to sell a home in 28532, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 33 Days | +163.5% |
Summary: Homes in 28532 had an average of 33 days on market in Oct 2024, up by 163.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28532 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in 28532; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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