$3,705 Closing Credit*
$312,000
3,021 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100481119, Listing Office: Dawson & Co. Realty, LLC
Is 28551, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 28551 has remained a Seller's Market.
Key Takeaway
28551 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28551, NC
How much do homes in 28551, NC cost?
Median Sold Price
$265,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+6.0%)
Key Takeaway
Homes in 28551 have sold for 6% more than they did a year ago.
Summary: The median home sold price in 28551 was $265,000 in November 2024, up 6% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155K | N/A |
| 2 Bedrooms | $117.5K | $92.5K | -21.3% |
| 3 Bedrooms | $220K | $262K | +19.1% |
| 4 Bedrooms | $327.3K | $335.3K | +2.5% |
| 5+ Bedrooms | $365K | $396.7K | +8.7% |
Summary: 28551 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 19.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 8.7%.
Housing Supply in 28551, NC
How many homes are available in 28551, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 38 | +2.7% |
Summary: The 28551 real estate market had 38 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 | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 28551 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 decreased by 66.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 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 28551, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 28551 in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 28551, NC
How long does it take to sell a home in 28551, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 81 Days | +140.8% |
Summary: Homes in 28551 had an average of 81 days on market in Nov 2024, up by 140.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28551 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 28551; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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