Is 28356, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 28356 was a Buyer's Market.
Key Takeaway
28356 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28356, NC
How much do homes in 28356, NC cost?
Median Sold Price
$340,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 28356 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 28356 was $340,000 in April 2024, up 4.6% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $169.9K | $150.7K | -11.3% |
| 3 Bedrooms | $273K | $292.5K | +7.1% |
| 4 Bedrooms | $380K | $379.9K | 0% |
| 5+ Bedrooms | $632.5K | - | N/A |
Summary: 28356 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 28356, NC
How many homes are available in 28356, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 37 | +19.4% |
Summary: The 28356 real estate market had 37 homes for sale in April 2024, a 19.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 28356 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28356, expect to pay close to the asking price. 85.7% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 28356 in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 86% were sold at asking, and 0% were sold over asking.
Days on Market for 28356, NC
How long does it take to sell a home in 28356, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 64 Days | +21.6% |
Summary: Homes in 28356 had an average of 64 days on market in Apr 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28356 has remained consistent over time.
Summary: During April 2024, 7 homes were sold in 28356; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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