$55,000
Land
Listing Office: Allen Tate Shelby
Is 28052, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 28052 was a Seller's Market.
Key Takeaway
28052 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 28052, NC
How much do homes in 28052, NC cost?
Median Sold Price
$240,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,875(+2.1%)
Key Takeaway
Homes in 28052 have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in 28052 was $240,000 in November 2024, up 2.1% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.5K | $103.5K | +18.3% |
| 2 Bedrooms | $150.5K | $145K | -3.7% |
| 3 Bedrooms | $244.7K | $250K | +2.2% |
| 4 Bedrooms | $294.2K | $309.9K | +5.4% |
| 5+ Bedrooms | $496.7K | $485K | -2.4% |
Summary: 28052 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in 28052, NC
How many homes are available in 28052, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 237 | 225 | -5.1% |
Summary: The 28052 real estate market had 225 homes for sale in November 2024, a 5.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 48 | 47 | -2.1% |
| 3 Bedrooms | 158 | 148 | -6.3% |
| 4 Bedrooms | 24 | 23 | -4.2% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 28052 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 decreased by 2.1%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 35 | -37.5% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28052, you may be able to get a good deal. 65.7% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in 28052 in November 2024, down by 37.5% month-over-month. Of the 35 sold homes, 66% were sold under asking, 26% were sold at asking, and 9% were sold over asking.
Days on Market for 28052, NC
How long does it take to sell a home in 28052, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 47 Days | +6.0% |
Summary: Homes in 28052 had an average of 47 days on market in Nov 2024, up by 6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 28052 has remained consistent over time.
Summary: During November 2024, 35 homes were sold in 28052; 37% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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