$7,469 Closing Credit*
$629,000
2,253 SqFt
3 Beds
•2 Full Baths
Listing Office: The Real Estate Center
Is 28729, 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, 28729 has remained a Seller's Market.
Key Takeaway
28729 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28729, NC
How much do homes in 28729, NC cost?
Median Sold Price
$410,400
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,650(+5.6%)
Key Takeaway
Homes in 28729 have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in 28729 was $410,400 in October 2024, up 5.6% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | $285K | -10.9% |
| 3 Bedrooms | $397.4K | $462.5K | +16.4% |
| 4 Bedrooms | $500K | $560K | +12.0% |
| 5+ Bedrooms | $515K | - | N/A |
Summary: 28729 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 10.9%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes did not change.
Housing Supply in 28729, NC
How many homes are available in 28729, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Summary: The 28729 real estate market had 25 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 28729 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 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
6 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 28729, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 28729 in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 28729, NC
How long does it take to sell a home in 28729, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 67 Days | +220.7% |
Summary: Homes in 28729 had an average of 67 days on market in Oct 2024, up by 220.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28729 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 28729; 50% 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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