$6,828 Closing Credit*
$575,000
1,401 SqFt
4 Beds
•3 Full Baths
Listing Office: Exit Realty Experts
Is 28805, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 28805 was a Seller's Market.
Key Takeaway
28805 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28805, NC
How much do homes in 28805, NC cost?
Median Sold Price
$486,500
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$30,000(-5.8%)
Key Takeaway
Homes in 28805 have sold for 5.8% less than they did a year ago.
Summary: The median home sold price in 28805 was $486,500 in December 2024, down 5.8% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $808K | $398K | -50.7% |
| 2 Bedrooms | $343.5K | $340.8K | -0.8% |
| 3 Bedrooms | $522.6K | $504.2K | -3.5% |
| 4 Bedrooms | $707.5K | $686.5K | -3.0% |
| 5+ Bedrooms | $870K | $775K | -10.9% |
Summary: 28805 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.7%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 10.9%.
Housing Supply in 28805, NC
How many homes are available in 28805, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 75 | 76 | +1.3% |
Summary: The 28805 real estate market had 76 homes for sale in December 2024, a 1.3% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 33 | 35 | +6.1% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 28805 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 28805, 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 28805 in December 2024, down by 30.8% month-over-month. Of the 9 sold homes, 89% were sold under asking, 0% were sold at asking, and 11% were sold over asking.
Days on Market for 28805, NC
How long does it take to sell a home in 28805, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 35 Days | 33 Days | -4.2% |
Summary: Homes in 28805 had an average of 33 days on market in Dec 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28805 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 9 homes were sold in 28805; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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