28097 Home Values & Market Trends

There are 23 homes currently listed for 28097. 28097 real estate market trends show that home prices range from $148,500 to $2,500,000, and the median sales price in the 28097 zip code is $359,402.46. The total number of properties sold within the past twelve months is 198. In 28097, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

28097 Real Estate Market Overview

CityMedian Est. Value
Locust

$ 375,450

$ 190/sqft

Housing Market Summary for 28097

Apr 2023March 2024Change
Median Listing Price$365.5K$485.4K32.80%
Median Sold Price$330K$485.4K47.09%
Homes For Sale1815-16.67%
Homes Sold4533-26.67%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 28097

The median list price of a home in Locust, is $359,402.46. A total of 23 properties are for sale, and the percentage of properties for sale in the zip code is 23.00%. The total count of 28097 properties is 3,175.

Foreclosure
There is 1 cities within 28097; within this cities, the median estimated home value for homes in foreclosure ranges from $384,529 in locust to the lowest value of $384,529 in locust. Foreclosure homes account for 0.00% of properties in 28097 with locust containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 28097 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 28097; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 28097 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 28097. There is 1 cities within 28097; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    locust has 1 auction properties, the highest number of properties going to auction in a single city in the state of 28097. Auction homes and other auction properties account for 0.03% of all properties in 28097. There is 1 cities within 28097; of that cities, the median estimated home value for homes going to auction ranges from $384,529 in locust to the lowest value of $384,529 in locust.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.72% of residential properties in 28097 with locust containing 23 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 28097; homes for sale in that cities, have a range of median values from $585,893 in locust to the lowest value of $118,822 in locust.
    Sold Homes
    The median value for recently sold homes ranges from $1,426,062 in locust to the lowest price of $155,802 in locust. There is 1 cities within 28097. locust has 85 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.68% of properties in 28097.

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      Guide for 28097

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Asheville, North Carolina Real Estate Market Snapshot – April 2024
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Asheville, North Carolina Real Estate Market Snapshot – April 2024
      Buy to Rent|posted 17 April 2024

      A look at the Asheville’s real estate market trends from May 2023 to March 2024, highlighting key trends and dynamics in home values, sale prices, and supply.

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Recently Listed Homes 28097

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