Is 28525, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28525 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 28525 has remained a Seller's Market.

Key Takeaway

28525 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28525, NC

How much do homes in 28525, NC cost?

Median Sold Price

$310,000

$122/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$57,000(+22.5%)

Key Takeaway

Homes in 28525 have sold for 22.5% more than they did a month ago.

Summary: The median home sold price in 28525 was $310,000 in April 2024, up 22.5% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $253K$310K
+22.5%
4 --
N/A
5+ --
N/A

Summary: 28525 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 22.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 28525, NC

How many homes are available in 28525, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
330.0%

Summary: The 28525 real estate market had 3 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 01
+100.0%
5+ 00
0.0%

Summary: The 28525 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 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28525, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 28525 in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 28525, NC

How long does it take to sell a home in 28525, NC?

Average Sale Time

Mar 2024Apr 2024CHANGE
8 Days7 Days-12.5%

Summary: Homes in 28525 had an average of 7 days on market in Apr 2024, down by 12.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28525 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 28525; 100% of homes were sold within 30 days, 0% 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 3 Days Ago

Newest Listings in 28525, NC

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