$6,828 Closing Credit*
$575,000
1,404 SqFt
2 Beds
•2 Full Baths
Listing Office: Fonta Flora Realty
Is 28761, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 28761 has remained a Buyer's Market.
Key Takeaway
28761 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28761, NC
How much do homes in 28761, NC cost?
Median Sold Price
$520,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$140,000(+36.8%)
Key Takeaway
Homes in 28761 have sold for 36.8% more than they did a year ago.
Summary: The median home sold price in 28761 was $520,000 in November 2024, up 36.8% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167K | $321.5K | +92.5% |
| 2 Bedrooms | $380K | $435K | +14.5% |
| 3 Bedrooms | $344.9K | $457.4K | +32.6% |
| 4 Bedrooms | $760K | $1.2M | +70.4% |
| 5+ Bedrooms | $912.5K | $1.1M | +23.9% |
Summary: 28761 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 92.5%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 32.6%, 4 bedroom homes increased by 70.4%, and 5+ bedroom homes increased by 23.9%.
Housing Supply in 28761, NC
How many homes are available in 28761, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 60 | -3.2% |
Summary: The 28761 real estate market had 60 homes for sale in November 2024, a 3.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 40 | 40 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 28761 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
4 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 28761, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 28761 in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for 28761, NC
How long does it take to sell a home in 28761, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 117 Days | 61 Days | -48.0% |
Summary: Homes in 28761 had an average of 61 days on market in Nov 2024, down by 48% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28761 has remained consistent over time.
Summary: During November 2024, 5 homes were sold in 28761; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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