Is 28458, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28458 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 28458 was a Buyer's Market.

Key Takeaway

28458 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28458, NC

How much do homes in 28458, NC cost?

Median Sold Price

$186,750

$121/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$1,750(+0.9%)

Key Takeaway

Homes in 28458 have sold for 0.9% more than they did a month ago.

Summary: The median home sold price in 28458 was $186,750 in November 2024, up 0.9% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $185K$70K
-62.2%
3 -$195K
N/A
4 --
N/A
5+ --
N/A

Summary: 28458 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 62.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28464
+21.4%
28458
+0.9%

Housing Supply in 28458, NC

How many homes are available in 28458, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
910+11.1%

Summary: The 28458 real estate market had 10 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 45
+25.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The 28458 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28458, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 28458 in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 28458, NC

How long does it take to sell a home in 28458, NC?

Average Sale Time

Oct 2024Nov 2024CHANGE
63 Days8 Days-86.1%

Summary: Homes in 28458 had an average of 8 days on market in Nov 2024, down by 86.1% compared to last month.

Breakdown of Home Sale Times

4 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 28458 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 28458; 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 17 Days Ago

Newest Listings in 28458, NC

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