Is 28021, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28021 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 28021 was a Neutral Market.

Key Takeaway

28021 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28021, NC

How much do homes in 28021, NC cost?

Median Sold Price

$255,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,000(+5.8%)

Key Takeaway

Homes in 28021 have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in 28021 was $255,000 in November 2024, up 5.8% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $75K$118K
+57.3%
2 $156K$210K
+34.6%
3 $250K$255K
+2.0%
4 $326K$450K
+38.0%
5+ $345.5K$342.5K
-0.9%

Summary: 28021 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.3%, 2 bedroom homes increased by 34.6%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 38%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Zip Codes

28150
+11.1%
28016
+6.7%
28021
+5.8%

Housing Supply in 28021, NC

How many homes are available in 28021, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6460-6.3%

Summary: The 28021 real estate market had 60 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 810
+25.0%
3 4034
-15.0%
4 1012
+20.0%
5+ 53
-40.0%

Summary: The 28021 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
177-58.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28021, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 28021 in November 2024, down by 58.8% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for 28021, NC

How long does it take to sell a home in 28021, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
72 Days54 Days-24.9%

Summary: Homes in 28021 had an average of 54 days on market in Nov 2024, down by 24.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28021 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 28021; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% 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 17 Days Ago

Newest Listings in 28021, NC

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