$7,113 Closing Credit*
$599,000
2,080 SqFt
3 Beds
•2 Full Baths
Listing Office: Regency One Inc
Is 28694, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 28694 has remained a Seller's Market.
Key Takeaway
28694 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28694, NC
How much do homes in 28694, NC cost?
Median Sold Price
$415,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+15.3%)
Key Takeaway
Homes in 28694 have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in 28694 was $415,000 in November 2024, up 15.3% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $273.5K | $315K | +15.2% |
| 2 Bedrooms | $345K | $362.5K | +5.1% |
| 3 Bedrooms | $411.2K | $430K | +4.6% |
| 4 Bedrooms | $402.5K | $561.2K | +39.4% |
| 5+ Bedrooms | - | $565K | N/A |
Summary: 28694 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 39.4%, and 5+ bedroom homes did not change.
Housing Supply in 28694, NC
How many homes are available in 28694, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 17 | -19.0% |
Summary: The 28694 real estate market had 17 homes for sale in November 2024, a 19.0% 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 | 5 | 3 | -40.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 28694 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 decreased by 40%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28694, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 28694 in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for 28694, NC
How long does it take to sell a home in 28694, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 76 Days | +799.2% |
Summary: Homes in 28694 had an average of 76 days on market in Nov 2024, up by 799.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28694 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 28694; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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