Is 28073, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28073 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 28073 has remained a Buyer's Market.

Key Takeaway

28073 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28073, NC

How much do homes in 28073, NC cost?

Median Sold Price

$217,000

$191/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$15,000(-6.5%)

Key Takeaway

Homes in 28073 have sold for 6.5% less than they did a month ago.

Summary: The median home sold price in 28073 was $217,000 in October 2024, down 6.5% from last month, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $232K$217K
-6.5%
4 --
N/A
5+ --
N/A

Summary: 28073 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 28073, NC

How many homes are available in 28073, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1614-12.5%

Summary: The 28073 real estate market had 14 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1311
-15.4%
4 00
0.0%
5+ 00
0.0%

Summary: The 28073 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28073, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 28073 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 28073, NC

How long does it take to sell a home in 28073, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
24 Days62 Days+153.1%

Summary: Homes in 28073 had an average of 62 days on market in Oct 2024, up by 153.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 28073 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 28073; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

Newest Listings in 28073, NC

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