Is 28683, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28683 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 28683 has remained a Seller's Market.

Key Takeaway

28683 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28683, NC

How much do homes in 28683, NC cost?

Median Sold Price

$400,000

$216/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$205,100(+105.2%)

Key Takeaway

Homes in 28683 have sold for 105.2% more than they did a month ago.

Summary: The median home sold price in 28683 was $400,000 in March 2024, up 105.2% from last month, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$400K
N/A
3 $194.9K-
N/A
4 --
N/A
5+ --
N/A

Summary: 28683 housing prices by bedroom type for March 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 28683, NC

How many homes are available in 28683, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
440.0%

Summary: The 28683 real estate market had 4 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 28683 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28683, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 28683 in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 28683, NC

How long does it take to sell a home in 28683, NC?

Average Sale Time

Feb 2024Mar 2024CHANGE
7 Days25 Days+257.1%

Summary: Homes in 28683 had an average of 25 days on market in Mar 2024, up by 257.1% 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 28683 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in 28683; 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 18 Days Ago

Newest Listings in 28683, NC

Nearby Markets to 28683, NC