$4,453 Closing Credit*
$375,000
1,880 SqFt
4 Beds
•2 Full Baths
#100482244, Listing Office: Coastal Properties
Is 28540, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 28540 has remained a Seller's Market.
Key Takeaway
28540 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28540, NC
How much do homes in 28540, NC cost?
Median Sold Price
$252,854
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$12,854(+5.4%)
Key Takeaway
Homes in 28540 have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in 28540 was $252,854 in December 2024, up 5.4% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $145K | $160K | +10.3% |
| 3 Bedrooms | $231.6K | $240K | +3.6% |
| 4 Bedrooms | $306.2K | $339K | +10.7% |
| 5+ Bedrooms | $407.5K | $420K | +3.1% |
Summary: 28540 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in 28540, NC
How many homes are available in 28540, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 248 | 228 | -8.1% |
Summary: The 28540 real estate market had 228 homes for sale in December 2024, a 8.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 163 | 157 | -3.7% |
| 4 Bedrooms | 64 | 48 | -25.0% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 28540 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 63 | 66 | +4.8% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28540, you may be able to get a good deal. 42.4% of homes here sold below asking price last month.
Summary: A total of 66 homes were sold or pending in 28540 in December 2024, up by 4.8% month-over-month. Of the 66 sold homes, 42% were sold under asking, 42% were sold at asking, and 15% were sold over asking.
Days on Market for 28540, NC
How long does it take to sell a home in 28540, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 29 Days | 35 Days | +21.5% |
Summary: Homes in 28540 had an average of 35 days on market in Dec 2024, up by 21.5% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28540 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 66 homes were sold in 28540; 61% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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