Is 28376, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28376 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 28376 has remained a Seller's Market.

Key Takeaway

28376 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28376, NC

How much do homes in 28376, NC cost?

Median Sold Price

$281,599

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,599(+6.3%)

Key Takeaway

Homes in 28376 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 28376 was $281,599 in April 2024, up 6.3% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $90K$22K
-75.6%
2 $124.5K$142.2K
+14.2%
3 $242.2K$255.6K
+5.5%
4 $310K$334K
+7.7%
5+ $372K$395K
+6.2%

Summary: 28376 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.6%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Zip Codes

28314
+10.0%
28376
+6.3%
28357
-5.4%
28396
-9.1%

Housing Supply in 28376, NC

How many homes are available in 28376, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
211213+0.9%

Summary: The 28376 real estate market had 213 homes for sale in April 2024, a 0.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 129118
-8.5%
4 6573
+12.3%
5+ 1720
+17.6%

Summary: The 28376 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 increased by 100%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 17.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4658+26.1%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

28 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28376, expect to pay close to the asking price. 48.3% of homes here sold near the asking price last month.

Summary: A total of 58 homes were sold or pending in 28376 in April 2024, up by 26.1% month-over-month. Of the 58 sold homes, 26% were sold under asking, 48% were sold at asking, and 26% were sold over asking.

Days on Market for 28376, NC

How long does it take to sell a home in 28376, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
58 Days43 Days-25.2%

Summary: Homes in 28376 had an average of 43 days on market in Apr 2024, down by 25.2% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28376 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 58 homes were sold in 28376; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 16% 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 28376, NC

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