Is 28513, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28513 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 28513 has remained a Seller's Market.

Key Takeaway

28513 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28513, NC

How much do homes in 28513, NC cost?

Median Sold Price

$235,500

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$989(-0.4%)

Key Takeaway

The sold price of homes in 28513 has remained the same since last year.

Summary: The median home sold price in 28513 was $235,500 in April 2024, down 0.4% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $32K$80.5K
+151.6%
2 $116.7K$200K
+71.3%
3 $205K$231.2K
+12.8%
4 $309.7K$255K
-17.7%
5+ -$295K
N/A

Summary: 28513 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 151.6%, 2 bedroom homes increased by 71.3%, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28530
+9.4%
28590
+5.3%
28513
-0.4%
27858
-1.0%

Housing Supply in 28513, NC

How many homes are available in 28513, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3337+12.1%

Summary: The 28513 real estate market had 37 homes for sale in April 2024, a 12.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2426
+8.3%
4 24
+100.0%
5+ 43
-25.0%

Summary: The 28513 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 33.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28513, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 28513 in April 2024, down by 9.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 28513, NC

How long does it take to sell a home in 28513, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
86 Days22 Days-73.8%

Summary: Homes in 28513 had an average of 22 days on market in Apr 2024, down by 73.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28513 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 10 homes were sold in 28513; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% 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 10 Days Ago

Newest Listings in 28513, NC

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