Is 28365, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28365 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 28365 has remained a Seller's Market.

Key Takeaway

28365 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28365, NC

How much do homes in 28365, NC cost?

Median Sold Price

$215,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$24,950(-10.4%)

Key Takeaway

Homes in 28365 have sold for 10.4% less than they did a year ago.

Summary: The median home sold price in 28365 was $215,000 in October 2024, down 10.4% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $150K$130K
-13.3%
3 $210K$239.9K
+14.2%
4 $393.4K$204K
-48.2%
5+ $422K$412.5K
-2.3%

Summary: 28365 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 13.3%, 3 bedroom homes increased by 14.2%, 4 bedroom homes decreased by 48.2%, and 5+ bedroom homes decreased by 2.3%.

Median Sold Price Compared To Nearby Zip Codes

28333
+4.4%
28365
-10.4%

Housing Supply in 28365, NC

How many homes are available in 28365, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2124+14.3%

Summary: The 28365 real estate market had 24 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1720
+17.6%
4 22
0.0%
5+ 00
0.0%

Summary: The 28365 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 17.6%, 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

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28365, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 28365 in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for 28365, NC

How long does it take to sell a home in 28365, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days84 Days+952.1%

Summary: Homes in 28365 had an average of 84 days on market in Oct 2024, up by 952.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28365 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 28365; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 28365, NC

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