Is 28756, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28756 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 28756 has remained a Seller's Market.

Key Takeaway

28756 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28756, NC

How much do homes in 28756, NC cost?

Median Sold Price

$532,000

$259/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$78,000(+17.2%)

Key Takeaway

Homes in 28756 have sold for 17.2% more than they did a year ago.

Summary: The median home sold price in 28756 was $532,000 in April 2024, up 17.2% from last year, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $261.6K$165.1K
-36.9%
2 $473K$595K
+25.8%
3 $358K$467K
+30.4%
4 $800K$802.5K
0.3%
5+ $1.5M-
N/A

Summary: 28756 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.9%, 2 bedroom homes increased by 25.8%, 3 bedroom homes increased by 30.4%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28722
+19.4%
28756
+17.2%
28782
+6.8%
28746
+2.0%
28773
-8.4%

Housing Supply in 28756, NC

How many homes are available in 28756, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2937+27.6%

Summary: The 28756 real estate market had 37 homes for sale in April 2024, a 27.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 87
-12.5%
3 1119
+72.7%
4 66
0.0%
5+ 24
+100.0%

Summary: The 28756 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 72.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28756, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 28756 in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for 28756, NC

How long does it take to sell a home in 28756, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
50 Days87 Days+73.7%

Summary: Homes in 28756 had an average of 87 days on market in Apr 2024, up by 73.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28756 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in 28756; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% 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 6 Days Ago

Newest Listings in 28756, NC

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