$2,968 Closing Credit*
$249,900
1,365 SqFt
2 Beds
•1 Full Bath
Angela Sale, Listing Office: Ward & Ward Properties, LLC
Is 28697, 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, 28697 has remained a Seller's Market.
Key Takeaway
28697 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28697, NC
How much do homes in 28697, NC cost?
Median Sold Price
$320,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,500(+0.8%)
Key Takeaway
Homes in 28697 have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in 28697 was $320,000 in October 2024, up 0.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $309.2K | N/A |
| 2 Bedrooms | $229K | $225K | -1.7% |
| 3 Bedrooms | $312.5K | $312K | -0.2% |
| 4 Bedrooms | $405K | $475K | +17.3% |
| 5+ Bedrooms | $374K | $200K | -46.5% |
Summary: 28697 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 1.7%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes decreased by 46.5%.
Housing Supply in 28697, NC
How many homes are available in 28697, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 45 | +2.3% |
Summary: The 28697 real estate market had 45 homes for sale in October 2024, a 2.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 27 | 25 | -7.4% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 28697 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 increased by 33.3%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28697, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 28697 in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for 28697, NC
How long does it take to sell a home in 28697, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 34 Days | +14.6% |
Summary: Homes in 28697 had an average of 34 days on market in Oct 2024, up by 14.6% compared to last year.
Breakdown of Home Sale Times
4 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 28697 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 28697; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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