$22,000
1.09 Acres
Land
Merritt Shaw, Listing Office: HIGHLANDS COVE REALTY AT OEC
Is 28734, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 28734 has remained a Buyer'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
$454,500
$229/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$174,600(+62.4%)
Key Takeaway
Homes in 28734 have sold for 62.4% more than they did a month ago.
Summary: The median home sold price in 28734 was $454,500 in November 2024, up 62.4% from last month, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $291K | +21.3% |
| 3 Bedrooms | $402.4K | - | N/A |
| 4 Bedrooms | - | $551.6K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 28734 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 40 | +11.1% |
Summary: The 28734 real estate market had 40 homes for sale in November 2024, a 11.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 28734 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28734, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 28734 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 6 Days | -74.3% |
Summary: Homes in 28734 had an average of 6 days on market in Nov 2024, down by 74.3% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were 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 November 2024, 4 homes were sold in 28734; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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