$2,200,000
Land
Listing Office: Keller Williams Mtn Partners, LLC
Is 28759, 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, 28759 has remained a Buyer's Market.
Key Takeaway
28759 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28759, NC
How much do homes in 28759, NC cost?
Median Sold Price
$577,500
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,500(+5.0%)
Key Takeaway
Homes in 28759 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 28759 was $577,500 in October 2024, up 5% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | - | N/A |
| 2 Bedrooms | $337.5K | $347.5K | +3.0% |
| 3 Bedrooms | $530K | $558.7K | +5.4% |
| 4 Bedrooms | $822.5K | $848K | +3.1% |
| 5+ Bedrooms | $976K | $1.1M | +12.9% |
Summary: 28759 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 increased by 3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 12.9%.
Housing Supply in 28759, NC
How many homes are available in 28759, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 42 | +5.0% |
Summary: The 28759 real estate market had 42 homes for sale in October 2024, a 5.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 28759 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 remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28759, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 28759 in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 28759, NC
How long does it take to sell a home in 28759, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 49 Days | +118.8% |
Summary: Homes in 28759 had an average of 49 days on market in Oct 2024, up by 118.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28759 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 28759; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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