Listing Office: RE/MAX Executive
Is 28630, 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, 28630 has remained a Seller's Market.
Key Takeaway
28630 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28630, NC
How much do homes in 28630, NC cost?
Median Sold Price
$257,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$11,000(-4.1%)
Key Takeaway
Homes in 28630 have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in 28630 was $257,000 in October 2024, down 4.1% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | - | N/A |
| 2 Bedrooms | $144K | $188K | +30.6% |
| 3 Bedrooms | $278.4K | $261K | -6.3% |
| 4 Bedrooms | $377.5K | $557.5K | +47.7% |
| 5+ Bedrooms | $687K | $585K | -14.8% |
Summary: 28630 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 30.6%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 47.7%, and 5+ bedroom homes decreased by 14.8%.
Housing Supply in 28630, NC
How many homes are available in 28630, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 74 | -1.3% |
Summary: The 28630 real estate market had 74 homes for sale in October 2024, a 1.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 50 | 48 | -4.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 28630 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 increased by 7.7%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 20 | +122.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28630, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 28630 in October 2024, up by 122.2% month-over-month. Of the 20 sold homes, 65% were sold under asking, 15% were sold at asking, and 20% were sold over asking.
Days on Market for 28630, NC
How long does it take to sell a home in 28630, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 51 Days | +565.2% |
Summary: Homes in 28630 had an average of 51 days on market in Oct 2024, up by 565.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28630 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in 28630; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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