$10,000 Closing Credit*
$975,000
2,410 SqFt
4 Beds
•3 Full Baths, 1 Partial
#100474336, Listing Office: RE/MAX Ocean Properties
Is 28557, 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, 28557 has remained a Seller's Market.
Key Takeaway
28557 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28557, NC
How much do homes in 28557, NC cost?
Median Sold Price
$400,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,000(+3.4%)
Key Takeaway
Homes in 28557 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 28557 was $400,000 in October 2024, up 3.4% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $157.5K | N/A |
| 2 Bedrooms | $239K | $279K | +16.7% |
| 3 Bedrooms | $395K | $400K | +1.3% |
| 4 Bedrooms | $449K | $640K | +42.5% |
| 5+ Bedrooms | $1.0M | $814.5K | -19.2% |
Summary: 28557 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 16.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 42.5%, and 5+ bedroom homes decreased by 19.2%.
Housing Supply in 28557, NC
How many homes are available in 28557, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 97 | 91 | -6.2% |
Summary: The 28557 real estate market had 91 homes for sale in October 2024, a 6.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 49 | 47 | -4.1% |
| 4 Bedrooms | 27 | 26 | -3.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 28557 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 decreased by 21.4%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28557, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 28557 in October 2024, down by 13.0% month-over-month. Of the 20 sold homes, 75% were sold under asking, 15% were sold at asking, and 10% were sold over asking.
Days on Market for 28557, NC
How long does it take to sell a home in 28557, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 34 Days | +28.1% |
Summary: Homes in 28557 had an average of 34 days on market in Oct 2024, up by 28.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28557 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in 28557; 65% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
