$3,859 Closing Credit*
$325,000
1,196 SqFt
3 Beds
•1 Full Bath
Listing Office: Love The Green Real Estate Consulting Firm
Is 28791, 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, 28791 was a Seller's Market.
Key Takeaway
28791 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 28791, NC
How much do homes in 28791, NC cost?
Median Sold Price
$466,110
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,776(+11.7%)
Key Takeaway
Homes in 28791 have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in 28791 was $466,110 in October 2024, up 11.7% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $310K | N/A |
| 2 Bedrooms | $299K | $374K | +25.1% |
| 3 Bedrooms | $412.5K | $492K | +19.3% |
| 4 Bedrooms | $608.4K | $619.5K | +1.8% |
| 5+ Bedrooms | $619K | $714K | +15.3% |
Summary: 28791 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 25.1%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 15.3%.
Housing Supply in 28791, NC
How many homes are available in 28791, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 104 | 104 | 0.0% |
Summary: The 28791 real estate market had 104 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 | 0 | 1 | +100.0% |
| 2 Bedrooms | 28 | 27 | -3.6% |
| 3 Bedrooms | 62 | 63 | +1.6% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 28791 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28791, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 28791 in October 2024, up by 25.0% month-over-month. Of the 15 sold homes, 73% were sold under asking, 7% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 28 Days | +9.3% |
Summary: Homes in 28791 had an average of 28 days on market in Oct 2024, up by 9.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 28791 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 28791; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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