Is 28382, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28382 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 28382 was a Neutral Market.

Key Takeaway

28382 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28382, NC

How much do homes in 28382, NC cost?

Median Sold Price

$179,900

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,900(+16.8%)

Key Takeaway

Homes in 28382 have sold for 16.8% more than they did a year ago.

Summary: The median home sold price in 28382 was $179,900 in October 2024, up 16.8% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $150K$103K
-31.3%
3 $171.5K$172.5K
+0.6%
4 $114.2K$279.9K
+145.2%
5+ -$298.7K
N/A

Summary: 28382 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 31.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 145.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28382
+16.8%
28328
+11.4%
28318
+8.2%
28385
-3.9%

Housing Supply in 28382, NC

How many homes are available in 28382, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1413-7.1%

Summary: The 28382 real estate market had 13 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 65
-16.7%
4 54
-20.0%
5+ 22
0.0%

Summary: The 28382 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 increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28382, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 28382 in October 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for 28382, NC

How long does it take to sell a home in 28382, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days15 Days-50.5%

Summary: Homes in 28382 had an average of 15 days on market in Oct 2024, down by 50.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28382 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 28382; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in 28382, NC

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