$2,363 Closing Credit*
$199,000
396 SqFt
1 Bed
•1 Full Bath
Listing Office: Keller Williams Great Smokies
Is 28723, 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, 28723 has remained a Seller's Market.
Key Takeaway
28723 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28723, NC
How much do homes in 28723, NC cost?
Median Sold Price
$397,500
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$27,500(-6.5%)
Key Takeaway
Homes in 28723 have sold for 6.5% less than they did a year ago.
Summary: The median home sold price in 28723 was $397,500 in November 2024, down 6.5% 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 | - | $225.5K | N/A |
| 2 Bedrooms | $352.5K | $302.5K | -14.2% |
| 3 Bedrooms | $424K | $430K | +1.4% |
| 4 Bedrooms | $549K | $388.5K | -29.2% |
| 5+ Bedrooms | $851K | $620K | -27.1% |
Summary: 28723 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes decreased by 27.1%.
Median Sold Price Compared To Nearby Zip Codes
| 28779 | $320K | $348K | +8.8% |
| 28723 | $425K | $397.5K | -6.5% |
Housing Supply in 28723, NC
How many homes are available in 28723, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The 28723 real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 28723 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28723, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 28723 in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 28723, NC
How long does it take to sell a home in 28723, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 208 Days | 109 Days | -47.4% |
Summary: Homes in 28723 had an average of 109 days on market in Nov 2024, down by 47.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28723 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 28723; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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