Is 28768, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 28768 has remained a Seller's Market.
Key Takeaway
28768 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28768, NC
How much do homes in 28768, NC cost?
Median Sold Price
$480,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 28768 have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in 28768 was $480,000 in April 2024, up 7.9% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $261K | - | N/A |
| 2 Bedrooms | $280K | $363.7K | +29.9% |
| 3 Bedrooms | $470K | $485K | +3.2% |
| 4 Bedrooms | $795K | $598K | -24.8% |
| 5+ Bedrooms | $60K | $855.5K | +1325.8% |
Summary: 28768 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 24.8%, and 5+ bedroom homes increased by 1325.8%.
Median Sold Price Compared To Nearby Zip Codes
| 28712 | $450K | $510K | +13.3% |
| 28768 | $445K | $480K | +7.9% |
| 28729 | $394.9K | $390K | -1.3% |
| 28766 | $457.5K | $411.2K | -10.1% |
Housing Supply in 28768, NC
How many homes are available in 28768, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 41 | +24.2% |
Summary: The 28768 real estate market had 41 homes for sale in April 2024, a 24.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 20 | 27 | +35.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 28768 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 35%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28768, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 28768 in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for 28768, NC
How long does it take to sell a home in 28768, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 45 Days | 111 Days | +147.3% |
Summary: Homes in 28768 had an average of 111 days on market in Apr 2024, up by 147.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28768 has remained consistent over time.
Summary: During April 2024, 8 homes were sold in 28768; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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