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 December 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

$290,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$171(+0.1%)

Key Takeaway

The sold price of homes in 28376 has remained the same since last year.

Summary: The median home sold price in 28376 was $290,000 in December 2024, up 0.1% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $90K$22K
-75.6%
2 $162.2K$132K
-18.6%
3 $255K$269.9K
+5.9%
4 $337.4K$336K
-0.4%
5+ $381K$412.5K
+8.3%

Summary: 28376 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.6%, 2 bedroom homes decreased by 18.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Zip Codes

28314
+6.2%
28376
0.1%

Housing Supply in 28376, NC

How many homes are available in 28376, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
273255-6.6%

Summary: The 28376 real estate market had 255 homes for sale in December 2024, a 6.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 139134
-3.6%
4 11597
-15.7%
5+ 1619
+18.8%

Summary: The 28376 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes increased by 18.8%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
5058+16.0%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer57%34%9%

Key Takeaway

If you're buying a home in 28376, expect to pay close to the asking price. 56.9% of homes here sold near the asking price last month.

Summary: A total of 58 homes were sold or pending in 28376 in December 2024, up by 16.0% month-over-month. Of the 58 sold homes, 34% were sold under asking, 57% were sold at asking, and 9% 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

Dec 2023Dec 2024CHANGE
40 Days45 Days+10.1%

Summary: Homes in 28376 had an average of 45 days on market in Dec 2024, up by 10.1% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times60%21%19%

Key Takeaway

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

Summary: During December 2024, 58 homes were sold in 28376; 60% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 19% 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 11 Days Ago

Newest Listings in 28376, NC

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