Is 28726, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28726 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 28726 was a Seller's Market.

Key Takeaway

28726 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 28726, NC

How much do homes in 28726, NC cost?

Median Sold Price

$325,000

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$18,000(+5.9%)

Key Takeaway

Homes in 28726 have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in 28726 was $325,000 in March 2024, up 5.9% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$219K
N/A
2 $285K$217.5K
-23.7%
3 $320.1K$356.5K
+11.4%
4 $367.5K$314K
-14.6%
5+ $750K$331K
-55.9%

Summary: 28726 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 decreased by 23.7%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes decreased by 55.9%.

Median Sold Price Compared To Nearby Zip Codes

28731
+11.4%
28726
+5.9%
28792
+4.2%

Housing Supply in 28726, NC

How many homes are available in 28726, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
67+16.7%

Summary: The 28726 real estate market had 7 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 34
+33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The 28726 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 increased by 33.3%, 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 28726, 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 28726 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 28726, NC

How long does it take to sell a home in 28726, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
10 Days75 Days+650.0%

Summary: Homes in 28726 had an average of 75 days on market in Mar 2024, up by 650% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in 28726 has remained consistent over time.

Summary: During March 2024, 1 homes were sold in 28726; 0% of homes were sold within 30 days, 100% 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 30 Days Ago

Newest Listings in 28726, NC

Nearby Markets to 28726, NC