$3,978 Closing Credit*
$335,000
943 SqFt
2 Beds
•2 Full Baths
Listing Office: EXP Realty LLC
Is 28751, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 28751 was a Seller's Market.
Key Takeaway
28751 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28751, NC
How much do homes in 28751, NC cost?
Median Sold Price
$397,000
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,500(-0.4%)
Key Takeaway
The sold price of homes in 28751 has remained the same since last year.
Summary: The median home sold price in 28751 was $397,000 in November 2024, down 0.4% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217.5K | $292.4K | +34.4% |
| 2 Bedrooms | $354K | $384.3K | +8.6% |
| 3 Bedrooms | $485K | $473.7K | -2.3% |
| 4 Bedrooms | $475K | $545K | +14.7% |
| 5+ Bedrooms | $1.2M | $2.0M | +66.0% |
Summary: 28751 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 66%.
Housing Supply in 28751, NC
How many homes are available in 28751, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 | 96 | -3.0% |
Summary: The 28751 real estate market had 96 homes for sale in November 2024, a 3.0% decrease 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 | 51 | 45 | -11.8% |
| 3 Bedrooms | 31 | 32 | +3.2% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 28751 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 decreased by 11.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28751, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 28751 in November 2024, down by 7.1% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for 28751, NC
How long does it take to sell a home in 28751, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 25 Days | -43.1% |
Summary: Homes in 28751 had an average of 25 days on market in Nov 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28751 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 28751; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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