$15,000
2.10 Acres
Land
Listing Office: EXIT Realty Mountain View Properties
Is 28904, 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, 28904 was a Seller's Market.
Key Takeaway
28904 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 28904, NC
How much do homes in 28904, NC cost?
Median Sold Price
$387,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$8,000(-2.0%)
Key Takeaway
Homes in 28904 have sold for 2% less than they did a year ago.
Summary: The median home sold price in 28904 was $387,000 in October 2024, down 2% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.5K | $287.5K | +76.9% |
| 2 Bedrooms | $300K | $340K | +13.3% |
| 3 Bedrooms | $435K | $442.5K | +1.7% |
| 4 Bedrooms | $647K | $550K | -15.0% |
| 5+ Bedrooms | $984K | $1.0M | +1.6% |
Summary: 28904 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.9%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 1.6%.
Housing Supply in 28904, NC
How many homes are available in 28904, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 121 | 150 | +24.0% |
Summary: The 28904 real estate market had 150 homes for sale in October 2024, a 24.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 29 | 38 | +31.0% |
| 3 Bedrooms | 54 | 67 | +24.1% |
| 4 Bedrooms | 31 | 35 | +12.9% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 28904 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 31%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 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 28904, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 28904 in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 28904, NC
How long does it take to sell a home in 28904, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 86 Days | 38 Days | -55.8% |
Summary: Homes in 28904 had an average of 38 days on market in Oct 2024, down by 55.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28904 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 28904; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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