$500,000
Land
Listing Office: Tarheel Realty II
Is 28634, 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, 28634 was a Buyer's Market.
Key Takeaway
28634 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28634, NC
How much do homes in 28634, NC cost?
Median Sold Price
$279,500
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,760(+6.4%)
Key Takeaway
Homes in 28634 have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in 28634 was $279,500 in November 2024, up 6.4% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $424.4K | $129K | -69.6% |
| 3 Bedrooms | $261.3K | $276K | +5.6% |
| 4 Bedrooms | $249.4K | $341.5K | +36.9% |
| 5+ Bedrooms | $310K | - | N/A |
Summary: 28634 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 69.6%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 36.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 28634 | $262.7K | $279.5K | +6.4% |
| 28625 | $291.2K | $300K | +3.0% |
Housing Supply in 28634, NC
How many homes are available in 28634, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 30 | -3.2% |
Summary: The 28634 real estate market had 30 homes for sale in November 2024, a 3.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 28634 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 remained the same, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 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 28634, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in 28634 in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for 28634, NC
How long does it take to sell a home in 28634, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 140 Days | +1175.8% |
Summary: Homes in 28634 had an average of 140 days on market in Nov 2024, up by 1175.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28634 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 28634; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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