Is 28376, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28376 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 28376 has remained a Seller's Market.

Key Takeaway

28376 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28376, NC

How much do homes in 28376, NC cost?

Median Sold Price

$287,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,336(+1.5%)

Key Takeaway

Homes in 28376 have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in 28376 was $287,000 in October 2024, up 1.5% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $90K$22K
-75.6%
2 $153.7K$139K
-9.6%
3 $252K$267.2K
+6.0%
4 $330.1K$335K
+1.5%
5+ $389.2K$415K
+6.6%

Summary: 28376 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.6%, 2 bedroom homes decreased by 9.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 6.6%.

Median Sold Price Compared To Nearby Zip Codes

28314
+7.2%
28396
+6.9%
28376
+1.5%

Housing Supply in 28376, NC

How many homes are available in 28376, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
290295+1.7%

Summary: The 28376 real estate market had 295 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 155153
-1.3%
4 114121
+6.1%
5+ 1616
0.0%

Summary: The 28376 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 decreased by 1.3%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6261-1.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28376, expect to pay close to the asking price. 47.5% of homes here sold near the asking price last month.

Summary: A total of 61 homes were sold or pending in 28376 in October 2024, down by 1.6% month-over-month. Of the 61 sold homes, 23% were sold under asking, 48% were sold at asking, and 30% were sold over asking.

Days on Market for 28376, NC

How long does it take to sell a home in 28376, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days44 Days+22.1%

Summary: Homes in 28376 had an average of 44 days on market in Oct 2024, up by 22.1% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28376 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 61 homes were sold in 28376; 59% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 10% 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 28376, NC

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