Is 28463, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28463 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 28463 was a Neutral Market.

Key Takeaway

28463 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28463, NC

How much do homes in 28463, NC cost?

Median Sold Price

$203,000

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$4,800(+2.4%)

Key Takeaway

Homes in 28463 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 28463 was $203,000 in February 2024, up 2.4% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$255K
N/A
2 $85K$155K
+82.4%
3 $189.2K$200.2K
+5.8%
4 $247.5K$230K
-7.1%
5+ $339.9K$197.5K
-41.9%

Summary: 28463 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 82.4%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 41.9%.

Median Sold Price Compared To Nearby Zip Codes

28472
+13.0%
28463
+2.4%

Housing Supply in 28463, NC

How many homes are available in 28463, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1718+5.9%

Summary: The 28463 real estate market had 18 homes for sale in February 2024, a 5.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 11
0.0%
3 1114
+27.3%
4 20
-100.0%
5+ 11
0.0%

Summary: The 28463 housing inventory by bedroom type for February 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 27.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28463, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 28463 in February 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 28463, NC

How long does it take to sell a home in 28463, NC?

Average Sale Time

Feb 2023Feb 2024CHANGE
163 Days134 Days-17.8%

Summary: Homes in 28463 had an average of 134 days on market in Feb 2024, down by 17.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 28463 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 1 homes were sold in 28463; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 28 Days Ago

Newest Listings in 28463, NC

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