Is 28150, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28150 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 28150 was a Seller's Market.

Key Takeaway

28150 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28150, NC

How much do homes in 28150, NC cost?

Median Sold Price

$246,500

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$18,220(+8.0%)

Key Takeaway

Homes in 28150 have sold for 8% more than they did a year ago.

Summary: The median home sold price in 28150 was $246,500 in December 2024, up 8% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $73K$80.5K
+10.3%
2 $167K$179.7K
+7.6%
3 $229.9K$241.5K
+5.0%
4 $292.2K$329K
+12.6%
5+ $347.5K$375K
+7.9%

Summary: 28150 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 7.9%.

Median Sold Price Compared To Nearby Zip Codes

28152
+9.2%
28150
+8.0%
28021
+3.1%

Housing Supply in 28150, NC

How many homes are available in 28150, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
168176+4.8%

Summary: The 28150 real estate market had 176 homes for sale in December 2024, a 4.8% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 23
+50.0%
2 3035
+16.7%
3 8788
+1.1%
4 3334
+3.0%
5+ 1616
0.0%

Summary: The 28150 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1817-5.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28150, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 28150 in December 2024, down by 5.6% month-over-month. Of the 17 sold homes, 65% were sold under asking, 24% were sold at asking, and 12% were sold over asking.

Days on Market for 28150, NC

How long does it take to sell a home in 28150, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
26 Days54 Days+104.1%

Summary: Homes in 28150 had an average of 54 days on market in Dec 2024, up by 104.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28150 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 17 homes were sold in 28150; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% 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 2 Days Ago

Newest Listings in 28150, NC

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