$4,749 Closing Credit*
$399,900
1,134 SqFt
3 Beds
•1 Full Bath, 1 Partial
Amy Ballou, Listing Office: New River Realty & Rentals
Is 28694, 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, 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
$425,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$60,000(+16.4%)
Key Takeaway
Homes in 28694 have sold for 16.4% more than they did a year ago.
Summary: The median home sold price in 28694 was $425,000 in October 2024, up 16.4% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $273.5K | $315K | +15.2% |
| 2 Bedrooms | $345K | $362.5K | +5.1% |
| 3 Bedrooms | $398.7K | $451.5K | +13.2% |
| 4 Bedrooms | $402.5K | $425K | +5.6% |
| 5+ Bedrooms | - | $725K | N/A |
Summary: 28694 housing prices by bedroom type for October 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 13.2%, 4 bedroom homes increased by 5.6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 20 | +33.3% |
Summary: The 28694 real estate market had 20 homes for sale in October 2024, a 33.3% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 6 | 10 | +66.7% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 28694 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 66.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 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. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 28694 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 12 Days | -80.7% |
Summary: Homes in 28694 had an average of 12 days on market in Oct 2024, down by 80.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28694 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 28694; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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