$3,633 Closing Credit*
$305,900
960 SqFt
3 Beds
•2 Full Baths
Listing Office: Petit Properties Inc
Is 28791, 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, 28791 was a Seller's Market.
Key Takeaway
28791 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28791, NC
How much do homes in 28791, NC cost?
Median Sold Price
$465,081
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,581(+11.1%)
Key Takeaway
Homes in 28791 have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in 28791 was $465,081 in November 2024, up 11.1% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $228.5K | $310K | +35.7% |
| 2 Bedrooms | $332.5K | $374K | +12.5% |
| 3 Bedrooms | $415K | $480K | +15.7% |
| 4 Bedrooms | $601.8K | $640K | +6.3% |
| 5+ Bedrooms | $550K | $712K | +29.5% |
Summary: 28791 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.7%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 29.5%.
Housing Supply in 28791, NC
How many homes are available in 28791, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 | 107 | +4.9% |
Summary: The 28791 real estate market had 107 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 | 1 | 1 | 0.0% |
| 2 Bedrooms | 25 | 28 | +12.0% |
| 3 Bedrooms | 63 | 62 | -1.6% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 28791 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 increased by 12%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28791, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 28791 in November 2024, down by 6.3% month-over-month. Of the 15 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% were sold over asking.
Days on Market for 28791, NC
How long does it take to sell a home in 28791, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 42 Days | +26.8% |
Summary: Homes in 28791 had an average of 42 days on market in Nov 2024, up by 26.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28791 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in 28791; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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