Is 28443, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28443 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 28443 was a Seller's Market.

Key Takeaway

28443 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 28443, NC

How much do homes in 28443, NC cost?

Median Sold Price

$469,103

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,718(+1.9%)

Key Takeaway

Homes in 28443 have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in 28443 was $469,103 in October 2024, up 1.9% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150K-
N/A
2 $222.5K$243.7K
+9.6%
3 $405K$410K
+1.2%
4 $518K$545.4K
+5.3%
5+ $554.9K$582.2K
+4.9%

Summary: 28443 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 increased by 9.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Zip Codes

28443
+1.9%
28411
+0.9%
28457
-4.7%
28425
-6.8%
28445
-9.9%

Housing Supply in 28443, NC

How many homes are available in 28443, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
248256+3.2%

Summary: The 28443 real estate market had 256 homes for sale in October 2024, a 3.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 129
-25.0%
3 114107
-6.1%
4 101108
+6.9%
5+ 2132
+52.4%

Summary: The 28443 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 decreased by 25%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 52.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4641-10.9%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28443, you may be able to get a good deal. 48.8% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in 28443 in October 2024, down by 10.9% month-over-month. Of the 41 sold homes, 49% were sold under asking, 37% were sold at asking, and 15% were sold over asking.

Days on Market for 28443, NC

How long does it take to sell a home in 28443, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
54 Days51 Days-5.5%

Summary: Homes in 28443 had an average of 51 days on market in Oct 2024, down by 5.5% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28443 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 41 homes were sold in 28443; 51% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 27% 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 28443, NC

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