$2,613 Closing Credit*
$220,000
1,410 SqFt
2 Beds
•1 Full Bath, 1 Partial
Listing Office: Beth Meadlock Real Estate, LLC
Is 28601, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 28601 was a Seller's Market.
Key Takeaway
28601 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28601, NC
How much do homes in 28601, NC cost?
Median Sold Price
$328,466
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,049(+12.3%)
Key Takeaway
Homes in 28601 have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in 28601 was $328,466 in November 2024, up 12.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $144.5K | -31.2% |
| 2 Bedrooms | $184.5K | $187.2K | +1.5% |
| 3 Bedrooms | $275K | $292.5K | +6.4% |
| 4 Bedrooms | $437.5K | $492.5K | +12.6% |
| 5+ Bedrooms | $577.5K | $636.2K | +10.2% |
Summary: 28601 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.2%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 10.2%.
Housing Supply in 28601, NC
How many homes are available in 28601, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 252 | 258 | +2.4% |
Summary: The 28601 real estate market had 258 homes for sale in November 2024, a 2.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 50 | 55 | +10.0% |
| 3 Bedrooms | 122 | 123 | +0.8% |
| 4 Bedrooms | 55 | 59 | +7.3% |
| 5+ Bedrooms | 25 | 20 | -20.0% |
Summary: The 28601 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 35 | -42.6% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28601, you may be able to get a good deal. 62.9% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in 28601 in November 2024, down by 42.6% month-over-month. Of the 35 sold homes, 63% were sold under asking, 23% were sold at asking, and 14% were sold over asking.
Days on Market for 28601, NC
How long does it take to sell a home in 28601, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 40 Days | +45.3% |
Summary: Homes in 28601 had an average of 40 days on market in Nov 2024, up by 45.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28601 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in 28601; 57% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.