Is 28676, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28676 is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 28676 was a Neutral Market.

Key Takeaway

28676 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28676, NC

How much do homes in 28676, NC cost?

Median Sold Price

$260,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$62,000(+31.3%)

Key Takeaway

Homes in 28676 have sold for 31.3% more than they did a year ago.

Summary: The median home sold price in 28676 was $260,000 in February 2024, up 31.3% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $175K$165.9K
-5.2%
3 $190.5K$260K
+36.5%
4 $415K$410K
-1.2%
5+ $760K-
N/A

Summary: 28676 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 36.5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28676
+31.3%
28621
-5.9%

Housing Supply in 28676, NC

How many homes are available in 28676, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1011+10.0%

Summary: The 28676 real estate market had 11 homes for sale in February 2024, a 10.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 910
+11.1%
4 00
0.0%
5+ 00
0.0%

Summary: The 28676 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28676, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 28676 in February 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 28676, NC

How long does it take to sell a home in 28676, NC?

Average Sale Time

Feb 2023Feb 2024CHANGE
5 Days36 Days+633.3%

Summary: Homes in 28676 had an average of 36 days on market in Feb 2024, up by 633.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28676 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 3 homes were sold in 28676; 67% of homes were sold within 30 days, 33% 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 28 Days Ago

Newest Listings in 28676, NC

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