Is 28043, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28043 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 28043 has remained a Seller's Market.

Key Takeaway

28043 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28043, NC

How much do homes in 28043, NC cost?

Median Sold Price

$230,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$30,000(+15.0%)

Key Takeaway

Homes in 28043 have sold for 15% more than they did a year ago.

Summary: The median home sold price in 28043 was $230,000 in December 2024, up 15% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $255K$131.5K
-48.4%
2 $162.5K$153.4K
-5.6%
3 $201.9K$239.6K
+18.6%
4 $267.5K$306K
+14.4%
5+ $238K$263K
+10.5%

Summary: 28043 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.4%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 10.5%.

Median Sold Price Compared To Nearby Zip Codes

28043
+15.0%
28160
+14.4%
28040
+3.6%

Housing Supply in 28043, NC

How many homes are available in 28043, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8782-5.7%

Summary: The 28043 real estate market had 82 homes for sale in December 2024, a 5.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 1010
0.0%
3 5653
-5.4%
4 1412
-14.3%
5+ 67
+16.7%

Summary: The 28043 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1716-5.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28043, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 28043 in December 2024, down by 5.9% month-over-month. Of the 16 sold homes, 44% were sold under asking, 44% were sold at asking, and 13% were sold over asking.

Days on Market for 28043, NC

How long does it take to sell a home in 28043, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
38 Days50 Days+30.7%

Summary: Homes in 28043 had an average of 50 days on market in Dec 2024, up by 30.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28043 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 16 homes were sold in 28043; 50% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 19% 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 4 Days Ago

Newest Listings in 28043, NC

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