Is 28562, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 28562 has remained a Seller's Market.
Key Takeaway
28562 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28562, NC
How much do homes in 28562, NC cost?
Median Sold Price
$330,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 28562 have sold for 11% more than they did a year ago.
Summary: The median home sold price in 28562 was $330,000 in March 2024, up 11% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $162.5K | $191K | +17.5% |
| 3 Bedrooms | $270K | $300.6K | +11.4% |
| 4 Bedrooms | $344.9K | $400K | +16.0% |
| 5+ Bedrooms | $400.9K | $449.5K | +12.1% |
Summary: 28562 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 12.1%.
Median Sold Price Compared To Nearby Zip Codes
| 28560 | $262.9K | $295.1K | +12.3% |
| 28562 | $297.3K | $330K | +11.0% |
Housing Supply in 28562, NC
How many homes are available in 28562, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 230 | 237 | +3.0% |
Summary: The 28562 real estate market had 237 homes for sale in March 2024, a 3.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 125 | 133 | +6.4% |
| 4 Bedrooms | 75 | 76 | +1.3% |
| 5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The 28562 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 49 | 0.0% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28562, you may be able to get a good deal. 59.2% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in 28562 in March 2024, the same as the previous month. Of the 49 sold homes, 59% were sold under asking, 29% were sold at asking, and 12% were sold over asking.
Days on Market for 28562, NC
How long does it take to sell a home in 28562, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 61 Days | 70 Days | +14.6% |
Summary: Homes in 28562 had an average of 70 days on market in Mar 2024, up by 14.6% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28562 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 49 homes were sold in 28562; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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