$3,324 Closing Credit*
$279,900
1,056 SqFt
3 Beds
•2 Full Baths
Listing Office: Carolina Mountain Realty, Inc.
Is 28714, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 28714 was a Seller's Market.
Key Takeaway
28714 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28714, NC
How much do homes in 28714, NC cost?
Median Sold Price
$373,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,500(+11.2%)
Key Takeaway
Homes in 28714 have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in 28714 was $373,000 in October 2024, up 11.2% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212K | $199.9K | -5.7% |
| 2 Bedrooms | $289K | $313K | +8.3% |
| 3 Bedrooms | $379.5K | $417.5K | +10.0% |
| 4 Bedrooms | $555K | $488.2K | -12.0% |
| 5+ Bedrooms | $690K | $365K | -47.1% |
Summary: 28714 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 47.1%.
Housing Supply in 28714, NC
How many homes are available in 28714, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 99 | 94 | -5.1% |
Summary: The 28714 real estate market had 94 homes for sale in October 2024, a 5.1% decrease 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 | 24 | 27 | +12.5% |
| 3 Bedrooms | 57 | 49 | -14.0% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 28714 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 12.5%, 3 bedroom homes decreased by 14%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 4 | -63.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28714, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 28714 in October 2024, down by 63.6% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 28714, NC
How long does it take to sell a home in 28714, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 34 Days | -31.3% |
Summary: Homes in 28714 had an average of 34 days on market in Oct 2024, down by 31.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28714 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 28714; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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