$17,000
Land
Listing Office: RE/MAX Elite Realty
Is 28734, 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, 28734 was a Seller's Market.
Key Takeaway
28734 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28734, NC
How much do homes in 28734, NC cost?
Median Sold Price
$407,450
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,805(+14.9%)
Key Takeaway
Homes in 28734 have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in 28734 was $407,450 in October 2024, up 14.9% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $172.7K | -11.4% |
| 2 Bedrooms | $250K | $277K | +10.8% |
| 3 Bedrooms | $369.9K | $425K | +14.9% |
| 4 Bedrooms | $546K | $549.9K | +0.7% |
| 5+ Bedrooms | - | $925K | N/A |
Summary: 28734 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes did not change.
Housing Supply in 28734, NC
How many homes are available in 28734, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 37 | +5.7% |
Summary: The 28734 real estate market had 37 homes for sale in October 2024, a 5.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 28734 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28734, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 28734 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 28734, NC
How long does it take to sell a home in 28734, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 79 Days | 24 Days | -69.4% |
Summary: Homes in 28734 had an average of 24 days on market in Oct 2024, down by 69.4% compared to last year.
Breakdown of Home Sale Times
2 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 28734 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 28734; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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