$3,250,000
3,821 SqFt
4 Beds
•6 Full Baths, 1 Partial
Listing Office: Fisher Realty - 10 Park Place
Is 28747, 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, 28747 has remained a Buyer's Market.
Key Takeaway
28747 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28747, NC
How much do homes in 28747, NC cost?
Median Sold Price
$800,000
$369/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$322,500(+67.5%)
Key Takeaway
Homes in 28747 have sold for 67.5% more than they did a year ago.
Summary: The median home sold price in 28747 was $800,000 in October 2024, up 67.5% from last year, and the median price per square foot was $369.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $262K | $350K | +33.6% |
| 2 Bedrooms | $329.9K | $307.5K | -6.8% |
| 3 Bedrooms | $625K | $890K | +42.4% |
| 4 Bedrooms | $1.7M | $2.6M | +52.4% |
| 5+ Bedrooms | $1.7M | $5.2M | +197.9% |
Summary: 28747 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.6%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 42.4%, 4 bedroom homes increased by 52.4%, and 5+ bedroom homes increased by 197.9%.
Housing Supply in 28747, NC
How many homes are available in 28747, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 44 | +25.7% |
Summary: The 28747 real estate market had 44 homes for sale in October 2024, a 25.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 18 | 22 | +22.2% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 28747 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 increased by 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28747, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 28747 in October 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 28747, NC
How long does it take to sell a home in 28747, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 23 Days | -48.6% |
Summary: Homes in 28747 had an average of 23 days on market in Oct 2024, down by 48.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28747 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 28747; 50% 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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