Is 28339, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28339 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 28339 was a Seller's Market.

Key Takeaway

28339 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 28339, NC

How much do homes in 28339, NC cost?

Median Sold Price

$239,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$900(-0.4%)

Key Takeaway

The sold price of homes in 28339 has remained the same since last year.

Summary: The median home sold price in 28339 was $239,000 in April 2024, down 0.4% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $100K$112.5K
+12.5%
2 $161K$160K
-0.6%
3 $239.9K$244K
+1.7%
4 $345K$385K
+11.6%
5+ $650K$575K
-11.5%

Summary: 28339 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes decreased by 11.5%.

Median Sold Price Compared To Nearby Zip Codes

27521
+15.9%
28334
+13.3%
28356
+4.6%
28339
-0.4%
28323
-6.2%

Housing Supply in 28339, NC

How many homes are available in 28339, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4743-8.5%

Summary: The 28339 real estate market had 43 homes for sale in April 2024, a 8.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 2624
-7.7%
4 1111
0.0%
5+ 11
0.0%

Summary: The 28339 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28339, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 28339 in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for 28339, NC

How long does it take to sell a home in 28339, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
120 Days95 Days-20.6%

Summary: Homes in 28339 had an average of 95 days on market in Apr 2024, down by 20.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28339 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in 28339; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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