Is 28360, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28360 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 28360 has remained a Seller's Market.

Key Takeaway

28360 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28360, NC

How much do homes in 28360, NC cost?

Median Sold Price

$220,000

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$14,900(-6.3%)

Key Takeaway

Homes in 28360 have sold for 6.3% less than they did a year ago.

Summary: The median home sold price in 28360 was $220,000 in April 2024, down 6.3% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $110K$108.5K
-1.4%
3 $225K$208.9K
-7.2%
4 $250K$257.8K
+3.1%
5+ -$200K
N/A

Summary: 28360 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 1.4%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28384
+33.9%
28358
0.0%
28360
-6.3%

Housing Supply in 28360, NC

How many homes are available in 28360, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3831-18.4%

Summary: The 28360 real estate market had 31 homes for sale in April 2024, a 18.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2317
-26.1%
4 1210
-16.7%
5+ 23
+50.0%

Summary: The 28360 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 decreased by 26.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28360, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 28360 in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 28360, NC

How long does it take to sell a home in 28360, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
136 Days76 Days-44.0%

Summary: Homes in 28360 had an average of 76 days on market in Apr 2024, down by 44% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28360 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in 28360; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in 28360, NC

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