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 4 Days Ago

Newest Listings in 28345, NC

Nearby Markets to 28345, NC