$5,106 Closing Credit*
$430,000
1,568 SqFt
2 Beds
•2 Full Baths, 1 Partial
Listing Office: Walnut Cove Realty/Allen Tate/Beverly-Hanks
Is 28803, 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, 28803 was a Seller's Market.
Key Takeaway
28803 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28803, NC
How much do homes in 28803, NC cost?
Median Sold Price
$497,500
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49,000(+10.9%)
Key Takeaway
Homes in 28803 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 28803 was $497,500 in November 2024, up 10.9% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $230K | -14.8% |
| 2 Bedrooms | $321K | $317K | -1.2% |
| 3 Bedrooms | $446K | $475K | +6.5% |
| 4 Bedrooms | $818.5K | $918.7K | +12.2% |
| 5+ Bedrooms | $1.2M | $1.3M | +6.1% |
Summary: 28803 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.8%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 6.1%.
Housing Supply in 28803, NC
How many homes are available in 28803, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 193 | 212 | +9.8% |
Summary: The 28803 real estate market had 212 homes for sale in November 2024, a 9.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 13 | +18.2% |
| 2 Bedrooms | 33 | 38 | +15.2% |
| 3 Bedrooms | 89 | 91 | +2.2% |
| 4 Bedrooms | 31 | 39 | +25.8% |
| 5+ Bedrooms | 29 | 31 | +6.9% |
Summary: The 28803 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes increased by 6.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 17 | -34.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28803, you may be able to get a good deal. 82.4% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 28803 in November 2024, down by 34.6% month-over-month. Of the 17 sold homes, 82% were sold under asking, 6% were sold at asking, and 12% were sold over asking.
Days on Market for 28803, NC
How long does it take to sell a home in 28803, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 78 Days | +74.6% |
Summary: Homes in 28803 had an average of 78 days on market in Nov 2024, up by 74.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28803 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 28803; 47% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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