Listing Office: Real Broker, LLC
Is 28762, 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, 28762 was a Neutral Market.
Key Takeaway
28762 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28762, NC
How much do homes in 28762, NC cost?
Median Sold Price
$305,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+3.4%)
Key Takeaway
Homes in 28762 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 28762 was $305,000 in October 2024, up 3.4% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252.5K | $206.2K | -18.3% |
| 2 Bedrooms | $297.5K | $199.5K | -32.9% |
| 3 Bedrooms | $295K | $319K | +8.1% |
| 4 Bedrooms | $110K | $550K | +400.0% |
| 5+ Bedrooms | $486.2K | $360K | -26.0% |
Summary: 28762 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.3%, 2 bedroom homes decreased by 32.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 400%, and 5+ bedroom homes decreased by 26%.
Housing Supply in 28762, NC
How many homes are available in 28762, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 32 | 0.0% |
Summary: The 28762 real estate market had 32 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 28762 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28762, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 28762 in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 28762, NC
How long does it take to sell a home in 28762, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 14 Days | -59.1% |
Summary: Homes in 28762 had an average of 14 days on market in Oct 2024, down by 59.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28762 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 28762; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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