Is 28356, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28356 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 28356 has remained a Seller's Market.

Key Takeaway

28356 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28356, NC

How much do homes in 28356, NC cost?

Median Sold Price

$339,900

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,000(+2.4%)

Key Takeaway

Homes in 28356 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 28356 was $339,900 in October 2024, up 2.4% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $195.7K$164.5K
-16.0%
3 $294K$295K
0.3%
4 $370K$375K
+1.4%
5+ $632.5K$425K
-32.8%

Summary: 28356 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 decreased by 16%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 32.8%.

Median Sold Price Compared To Nearby Zip Codes

28311
+7.4%
28339
+4.0%
28356
+2.4%
28390
+1.7%
28323
-1.0%

Housing Supply in 28356, NC

How many homes are available in 28356, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
27270.0%

Summary: The 28356 real estate market had 27 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 911
+22.2%
4 1816
-11.1%
5+ 00
0.0%

Summary: The 28356 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 22.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28356, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 28356 in October 2024, up by 200.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.

Days on Market for 28356, NC

How long does it take to sell a home in 28356, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
91 Days77 Days-15.5%

Summary: Homes in 28356 had an average of 77 days on market in Oct 2024, down by 15.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 28356 has remained consistent over time.

Summary: During October 2024, 9 homes were sold in 28356; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% 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 28356, NC

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