$5,758 Closing Credit*
$484,900
1,787 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Realty ONE Group Pivot Asheville
Is 28742, 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, 28742 was a Seller's Market.
Key Takeaway
28742 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28742, NC
How much do homes in 28742, NC cost?
Median Sold Price
$625,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$122,500(+24.4%)
Key Takeaway
Homes in 28742 have sold for 24.4% more than they did a year ago.
Summary: The median home sold price in 28742 was $625,000 in October 2024, up 24.4% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $631K | $280K | -55.6% |
| 3 Bedrooms | $425K | $651K | +53.2% |
| 4 Bedrooms | $655.7K | $707.5K | +7.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 28742 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 55.6%, 3 bedroom homes increased by 53.2%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes did not change.
Housing Supply in 28742, NC
How many homes are available in 28742, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Summary: The 28742 real estate market had 20 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 28742 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 200%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28742, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 28742 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 28742, NC
How long does it take to sell a home in 28742, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 108 Days | +228.8% |
Summary: Homes in 28742 had an average of 108 days on market in Oct 2024, up by 228.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28742 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 28742; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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