$4,928 Closing Credit*
$415,000
3,092 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Keller Williams Unified
Is 28625, 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, 28625 has remained a Seller's Market.
Key Takeaway
28625 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28625, NC
How much do homes in 28625, NC cost?
Median Sold Price
$300,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,791(+3.0%)
Key Takeaway
Homes in 28625 have sold for 3% more than they did a year ago.
Summary: The median home sold price in 28625 was $300,000 in November 2024, up 3% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97.5K | $210K | +115.4% |
| 2 Bedrooms | $173.2K | $265K | +53.0% |
| 3 Bedrooms | $285K | $295K | +3.5% |
| 4 Bedrooms | $339.9K | $374.9K | +10.3% |
| 5+ Bedrooms | $334.9K | $334.5K | -0.1% |
Summary: 28625 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 115.4%, 2 bedroom homes increased by 53%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 0.1%.
Housing Supply in 28625, NC
How many homes are available in 28625, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 235 | 230 | -2.1% |
Summary: The 28625 real estate market had 230 homes for sale in November 2024, a 2.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 177 | 162 | -8.5% |
| 4 Bedrooms | 26 | 30 | +15.4% |
| 5+ Bedrooms | 14 | 19 | +35.7% |
Summary: The 28625 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 increased by 6.7%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 35.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 42 | -14.3% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28625, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 28625 in November 2024, down by 14.3% month-over-month. Of the 42 sold homes, 83% were sold under asking, 12% were sold at asking, and 5% were sold over asking.
Days on Market for 28625, NC
How long does it take to sell a home in 28625, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 53 Days | +23.0% |
Summary: Homes in 28625 had an average of 53 days on market in Nov 2024, up by 23% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28625 has remained consistent over time.
Summary: During November 2024, 42 homes were sold in 28625; 40% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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