$2,838 Closing Credit*
$239,000
1,265 SqFt
3 Beds
•2 Full Baths
Listing Office: Helen Adams Realty
Is 28677, 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, 28677 has remained a Seller's Market.
Key Takeaway
28677 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28677, NC
How much do homes in 28677, NC cost?
Median Sold Price
$298,333
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$43,333(+17.0%)
Key Takeaway
Homes in 28677 have sold for 17% more than they did a year ago.
Summary: The median home sold price in 28677 was $298,333 in October 2024, up 17% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $63K | - | N/A |
| 2 Bedrooms | $160K | $178.2K | +11.4% |
| 3 Bedrooms | $244K | $276.2K | +13.2% |
| 4 Bedrooms | $368.4K | $348.5K | -5.4% |
| 5+ Bedrooms | $425.9K | $355K | -16.7% |
Summary: 28677 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 11.4%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 16.7%.
Housing Supply in 28677, NC
How many homes are available in 28677, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 301 | 321 | +6.6% |
Summary: The 28677 real estate market had 321 homes for sale in October 2024, a 6.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 32 | 35 | +9.4% |
| 3 Bedrooms | 148 | 163 | +10.1% |
| 4 Bedrooms | 78 | 78 | 0.0% |
| 5+ Bedrooms | 41 | 42 | +2.4% |
Summary: The 28677 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 10.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 2.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 60 | +36.4% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28677, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 60 homes were sold or pending in 28677 in October 2024, up by 36.4% month-over-month. Of the 60 sold homes, 55% were sold under asking, 32% were sold at asking, and 13% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 71 Days | +247.8% |
Summary: Homes in 28677 had an average of 71 days on market in Oct 2024, up by 247.8% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
15 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 October 2024, 60 homes were sold in 28677; 38% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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