Is 28379, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28379 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 28379 has remained a Seller's Market.

Key Takeaway

28379 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28379, NC

How much do homes in 28379, NC cost?

Median Sold Price

$181,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$5,250(+3.0%)

Key Takeaway

Homes in 28379 have sold for 3% more than they did a year ago.

Summary: The median home sold price in 28379 was $181,000 in December 2024, up 3% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $40K$53K
+32.5%
2 $108.7K$110K
+1.1%
3 $195K$195K
0.0%
4 $347.4K$265K
-23.7%
5+ $285K$497.1K
+74.4%

Summary: 28379 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.5%, 2 bedroom homes increased by 1.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 23.7%, and 5+ bedroom homes increased by 74.4%.

Median Sold Price Compared To Nearby Zip Codes

28345
+11.8%
28379
+3.0%

Housing Supply in 28379, NC

How many homes are available in 28379, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7570-6.7%

Summary: The 28379 real estate market had 70 homes for sale in December 2024, a 6.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 1414
0.0%
3 4239
-7.1%
4 1110
-9.1%
5+ 65
-16.7%

Summary: The 28379 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 remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1416+14.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28379, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 28379 in December 2024, up by 14.3% month-over-month. Of the 16 sold homes, 75% were sold under asking, 19% were sold at asking, and 6% were sold over asking.

Days on Market for 28379, NC

How long does it take to sell a home in 28379, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
60 Days68 Days+12.7%

Summary: Homes in 28379 had an average of 68 days on market in Dec 2024, up by 12.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 28379 has remained consistent over time.

Summary: During December 2024, 16 homes were sold in 28379; 38% of homes were sold within 30 days, 44% 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 6 Days Ago

Newest Listings in 28379, NC

Nearby Markets to 28379, NC