Is 28345, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28345 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 28345 was a Buyer's Market.

Key Takeaway

28345 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28345, NC

How much do homes in 28345, NC cost?

Median Sold Price

$209,825

$137/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$8,075(+4.0%)

Key Takeaway

Homes in 28345 have sold for 4% more than they did a month ago.

Summary: The median home sold price in 28345 was $209,825 in October 2024, up 4% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $234.2K$209.8K
-10.4%
4 $125K-
N/A
5+ --
N/A

Summary: 28345 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 10.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28351
+44.4%
28345
+4.0%

Housing Supply in 28345, NC

How many homes are available in 28345, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3235+9.4%

Summary: The 28345 real estate market had 35 homes for sale in October 2024, a 9.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1922
+15.8%
4 55
0.0%
5+ 11
0.0%

Summary: The 28345 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 increased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28345, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 28345 in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 28345, NC

How long does it take to sell a home in 28345, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
46 Days24 Days-46.6%

Summary: Homes in 28345 had an average of 24 days on market in Oct 2024, down by 46.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28345 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 28345; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in 28345, NC

Nearby Markets to 28345, NC