Is 28344, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28344 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 28344 was a Buyer's Market.

Key Takeaway

28344 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28344, NC

How much do homes in 28344, NC cost?

Median Sold Price

$359,900

$171/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$14,900(+4.3%)

Key Takeaway

Homes in 28344 have sold for 4.3% more than they did a month ago.

Summary: The median home sold price in 28344 was $359,900 in October 2024, up 4.3% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$127.5K
N/A
3 $345K$359.9K
+4.3%
4 --
N/A
5+ --
N/A

Summary: 28344 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 increased by 4.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 28344, NC

How many homes are available in 28344, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
109-10.0%

Summary: The 28344 real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 65
-16.7%
4 23
+50.0%
5+ 00
0.0%

Summary: The 28344 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 decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28344, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 28344 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 28344, NC

How long does it take to sell a home in 28344, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
18 Days92 Days+414.8%

Summary: Homes in 28344 had an average of 92 days on market in Oct 2024, up by 414.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 28344 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in 28344; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 16 Days Ago

Newest Listings in 28344, NC

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