Is 28613, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28613 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 28613 has remained a Seller's Market.

Key Takeaway

28613 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28613, NC

How much do homes in 28613, NC cost?

Median Sold Price

$288,683

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$21,433(+8.0%)

Key Takeaway

Homes in 28613 have sold for 8% more than they did a year ago.

Summary: The median home sold price in 28613 was $288,683 in April 2024, up 8% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $98K$150K
+53.1%
2 $185.5K$179.9K
-3.0%
3 $260K$281.9K
+8.5%
4 $318K$336.9K
+6.0%
5+ $364.1K$399.9K
+9.8%

Summary: 28613 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.1%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Zip Codes

28602
+11.6%
28601
+9.3%
28613
+8.0%
28658
+0.8%
28610
-4.5%

Housing Supply in 28613, NC

How many homes are available in 28613, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
9693-3.1%

Summary: The 28613 real estate market had 93 homes for sale in April 2024, a 3.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 1115
+36.4%
3 6964
-7.2%
4 1111
0.0%
5+ 43
-25.0%

Summary: The 28613 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 36.4%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2527+8.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28613, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 28613 in April 2024, up by 8.0% month-over-month. Of the 27 sold homes, 44% were sold under asking, 41% were sold at asking, and 15% were sold over asking.

Days on Market for 28613, NC

How long does it take to sell a home in 28613, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
32 Days36 Days+12.5%

Summary: Homes in 28613 had an average of 36 days on market in Apr 2024, up by 12.5% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28613 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 27 homes were sold in 28613; 56% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 15% 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 28613, NC

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