Listing Office: Helen Adams Realty
Is 28673, 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, 28673 was a Seller's Market.
Key Takeaway
28673 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28673, NC
How much do homes in 28673, NC cost?
Median Sold Price
$462,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$87,000(+23.2%)
Key Takeaway
Homes in 28673 have sold for 23.2% more than they did a year ago.
Summary: The median home sold price in 28673 was $462,000 in October 2024, up 23.2% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $820K | N/A |
| 2 Bedrooms | $457.5K | $374.9K | -18.1% |
| 3 Bedrooms | $415K | $467K | +12.5% |
| 4 Bedrooms | $351.4K | $453.5K | +29.0% |
| 5+ Bedrooms | $360K | $1.5M | +322.2% |
Summary: 28673 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 decreased by 18.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 29%, and 5+ bedroom homes increased by 322.2%.
Housing Supply in 28673, NC
How many homes are available in 28673, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 105 | 124 | +18.1% |
Summary: The 28673 real estate market had 124 homes for sale in October 2024, a 18.1% 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 | 9 | 9 | 0.0% |
| 3 Bedrooms | 40 | 51 | +27.5% |
| 4 Bedrooms | 50 | 58 | +16.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 28673 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 remained the same, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 16%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28673, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 28673 in October 2024, the same as the previous month. Of the 15 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% were sold over asking.
Days on Market for 28673, NC
How long does it take to sell a home in 28673, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 54 Days | +34.6% |
Summary: Homes in 28673 had an average of 54 days on market in Oct 2024, up by 34.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28673 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 28673; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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