Listing Office: Ivester Jackson Blackstream
Is 28612, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 28612 was a Seller's Market.
Key Takeaway
28612 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 28612, NC
How much do homes in 28612, NC cost?
Median Sold Price
$240,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+4.3%)
Key Takeaway
Homes in 28612 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 28612 was $240,000 in October 2024, up 4.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189K | $166.3K | -12.0% |
| 2 Bedrooms | $179.9K | $172.5K | -4.1% |
| 3 Bedrooms | $246.4K | $272.4K | +10.5% |
| 4 Bedrooms | $482K | $257.5K | -46.6% |
| 5+ Bedrooms | $331.7K | - | N/A |
Summary: 28612 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 46.6%, and 5+ bedroom homes did not change.
Housing Supply in 28612, NC
How many homes are available in 28612, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 55 | +5.8% |
Summary: The 28612 real estate market had 55 homes for sale in October 2024, a 5.8% increase 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 | 4 | -20.0% |
| 3 Bedrooms | 34 | 40 | +17.6% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 28612 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 20%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28612, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 28612 in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for 28612, NC
How long does it take to sell a home in 28612, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 31 Days | +53.9% |
Summary: Homes in 28612 had an average of 31 days on market in Oct 2024, up by 53.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28612 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 28612; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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