Is 28328, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28328 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 28328 was a Buyer's Market.

Key Takeaway

28328 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28328, NC

How much do homes in 28328, NC cost?

Median Sold Price

$239,500

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,500(+11.4%)

Key Takeaway

Homes in 28328 have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in 28328 was $239,500 in October 2024, up 11.4% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $130.9K$137.9K
+5.3%
3 $227.4K$244K
+7.3%
4 $327.5K$367.5K
+12.2%
5+ $241K$342K
+41.9%

Summary: 28328 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 41.9%.

Median Sold Price Compared To Nearby Zip Codes

28382
+16.8%
28328
+11.4%
28385
-3.9%

Housing Supply in 28328, NC

How many homes are available in 28328, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8589+4.7%

Summary: The 28328 real estate market had 89 homes for sale in October 2024, a 4.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 6767
0.0%
4 1112
+9.1%
5+ 22
0.0%

Summary: The 28328 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 increased by 60%, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1115+36.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28328, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 28328 in October 2024, up by 36.4% month-over-month. Of the 15 sold homes, 67% were sold under asking, 20% were sold at asking, and 13% were sold over asking.

Days on Market for 28328, NC

How long does it take to sell a home in 28328, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days53 Days-16.1%

Summary: Homes in 28328 had an average of 53 days on market in Oct 2024, down by 16.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28328 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 15 homes were sold in 28328; 53% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 27% 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 28328, NC

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