$3,147 Closing Credit*
$264,997
1,710 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Thomas Property Group, Inc.
Is 28677, 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, 28677 was a Seller's Market.
Key Takeaway
28677 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 28677, NC
How much do homes in 28677, NC cost?
Median Sold Price
$297,333
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,333(+14.8%)
Key Takeaway
Homes in 28677 have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in 28677 was $297,333 in November 2024, up 14.8% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $63K | $90K | +42.9% |
| 2 Bedrooms | $165K | $171.2K | +3.8% |
| 3 Bedrooms | $247.3K | $278.7K | +12.7% |
| 4 Bedrooms | $354K | $355K | 0.3% |
| 5+ Bedrooms | $417.5K | $356.3K | -14.6% |
Summary: 28677 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 14.6%.
Housing Supply in 28677, NC
How many homes are available in 28677, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 305 | 299 | -2.0% |
Summary: The 28677 real estate market had 299 homes for sale in November 2024, a 2.0% 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 | 30 | 30 | 0.0% |
| 3 Bedrooms | 153 | 158 | +3.3% |
| 4 Bedrooms | 76 | 69 | -9.2% |
| 5+ Bedrooms | 43 | 39 | -9.3% |
Summary: The 28677 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 increased by 3.3%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 9.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 44 | -29.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28677, you may be able to get a good deal. 56.8% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in 28677 in November 2024, down by 29.0% month-over-month. Of the 44 sold homes, 57% were sold under asking, 20% were sold at asking, and 23% were sold over asking.
Days on Market for 28677, NC
How long does it take to sell a home in 28677, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 56 Days | +6.6% |
Summary: Homes in 28677 had an average of 56 days on market in Nov 2024, up by 6.6% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28677 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 44 homes were sold in 28677; 50% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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