$5,699 Closing Credit*
$479,900
1,151 SqFt
3 Beds
•2 Full Baths
Listing Office: Hollifield & Company Properties Inc.
Is 28787, 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, 28787 was a Seller's Market.
Key Takeaway
28787 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28787, NC
How much do homes in 28787, NC cost?
Median Sold Price
$505,000
$279/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in 28787 has remained the same since last year.
Summary: The median home sold price in 28787 was $505,000 in November 2024, the same as last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $329.5K | $363K | +10.2% |
| 2 Bedrooms | $392K | $409K | +4.3% |
| 3 Bedrooms | $485K | $502.5K | +3.6% |
| 4 Bedrooms | $682.5K | $691K | +1.2% |
| 5+ Bedrooms | $914.5K | $810K | -11.4% |
Summary: 28787 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 11.4%.
Housing Supply in 28787, NC
How many homes are available in 28787, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 103 | 108 | +4.9% |
Summary: The 28787 real estate market had 108 homes for sale in November 2024, a 4.9% increase 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 | 18 | 14 | -22.2% |
| 3 Bedrooms | 65 | 69 | +6.2% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 28787 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 22.2%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 9 | -52.6% |
Asking Price vs. Sold Price
8 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 28787, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 28787 in November 2024, down by 52.6% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for 28787, NC
How long does it take to sell a home in 28787, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 61 Days | +208.7% |
Summary: Homes in 28787 had an average of 61 days on market in Nov 2024, up by 208.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28787 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 28787; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.