Is 28210, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28210 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 28210 has remained a Seller's Market.

Key Takeaway

28210 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28210, NC

How much do homes in 28210, NC cost?

Median Sold Price

$518,214

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,832(+4.2%)

Key Takeaway

Homes in 28210 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 28210 was $518,214 in November 2024, up 4.2% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $103K$208.5K
+102.4%
2 $260K$290K
+11.5%
3 $483.5K$525.3K
+8.6%
4 $700K$657.5K
-6.1%
5+ $1.4M$1.3M
-5.3%

Summary: 28210 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 102.4%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

28226
+7.9%
28211
+7.5%
28209
+7.0%
28210
+4.2%
28217
+1.1%

Housing Supply in 28210, NC

How many homes are available in 28210, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
245230-6.1%

Summary: The 28210 real estate market had 230 homes for sale in November 2024, a 6.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 58
+60.0%
2 4745
-4.3%
3 10797
-9.3%
4 6758
-13.4%
5+ 1922
+15.8%

Summary: The 28210 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes increased by 15.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7365-11.0%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28210, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in 28210 in November 2024, down by 11.0% month-over-month. Of the 65 sold homes, 60% were sold under asking, 25% were sold at asking, and 15% were sold over asking.

Days on Market for 28210, NC

How long does it take to sell a home in 28210, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days24 Days+57.7%

Summary: Homes in 28210 had an average of 24 days on market in Nov 2024, up by 57.7% compared to last year.

Breakdown of Home Sale Times

41 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28210 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 65 homes were sold in 28210; 63% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 2% 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 28210, NC

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