$8,894 Closing Credit*
$749,000
2,140 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: Keller Williams Professionals
Is 28803, 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, 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
$497,750
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,916(+11.9%)
Key Takeaway
Homes in 28803 have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in 28803 was $497,750 in October 2024, up 11.9% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $224.7K | -16.8% |
| 2 Bedrooms | $320K | $319K | -0.3% |
| 3 Bedrooms | $434.5K | $485K | +11.6% |
| 4 Bedrooms | $840K | $917.5K | +9.2% |
| 5+ Bedrooms | $1.2M | $1.3M | +6.0% |
Summary: 28803 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.8%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 6%.
Housing Supply in 28803, NC
How many homes are available in 28803, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 206 | 203 | -1.5% |
Summary: The 28803 real estate market had 203 homes for sale in October 2024, a 1.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 12 | -7.7% |
| 2 Bedrooms | 37 | 33 | -10.8% |
| 3 Bedrooms | 92 | 93 | +1.1% |
| 4 Bedrooms | 39 | 37 | -5.1% |
| 5+ Bedrooms | 25 | 28 | +12.0% |
Summary: The 28803 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 12%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 22 | -29.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28803, you may be able to get a good deal. 40.9% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 28803 in October 2024, down by 29.0% month-over-month. Of the 22 sold homes, 41% were sold under asking, 36% were sold at asking, and 23% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 40 Days | +31.5% |
Summary: Homes in 28803 had an average of 40 days on market in Oct 2024, up by 31.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 22 homes were sold in 28803; 59% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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