Is 28560, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 28560 was a Seller's Market.
Housing Prices in 28560, NC
How much do homes in 28560, NC cost?
Median Sold Price
$295,124
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 28560 was $295,124 in March 2024, up 12.3% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $242K | +3.0% |
2 Bedrooms | $169.9K | $190K | +11.8% |
3 Bedrooms | $250K | $280K | +12.0% |
4 Bedrooms | $318K | $335K | +5.3% |
5+ Bedrooms | $323K | $396.5K | +22.8% |
Summary: 28560 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 22.8%.
Median Sold Price Compared To Nearby Zip Codes
28560 | $262.9K | $295.1K | +12.3% |
28562 | $297.3K | $330K | +11.0% |
Housing Supply in 28560, NC
How many homes are available in 28560, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
308 | 320 | +3.9% |
Summary: The 28560 real estate market had 320 homes for sale in March 2024, a 3.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 25 | 23 | -8.0% |
3 Bedrooms | 206 | 217 | +5.3% |
4 Bedrooms | 59 | 61 | +3.4% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 28560 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 45 | +25.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in 28560 in March 2024, up by 25.0% month-over-month. Of the 45 sold homes, 42% were sold under asking, 31% were sold at asking, and 27% were sold over asking.
Days on Market for 28560, NC
How long does it take to sell a home in 28560, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 61 Days | +43.4% |
Summary: Homes in 28560 had an average of 61 days on market in Mar 2024, up by 43.4% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During March 2024, 45 homes were sold in 28560; 58% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.