Is 28467, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28467 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 28467 was a Neutral Market.

Key Takeaway

28467 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28467, NC

How much do homes in 28467, NC cost?

Median Sold Price

$352,207

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,207(+3.6%)

Key Takeaway

Homes in 28467 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 28467 was $352,207 in October 2024, up 3.6% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $139.9K$129.5K
-7.4%
2 $246.5K$256K
+3.9%
3 $344.2K$351.1K
+2.0%
4 $419.5K$416K
-0.8%
5+ $436.8K$440.1K
+0.7%

Summary: 28467 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Zip Codes

28463
+29.4%
28467
+3.6%
28468
-11.3%

Housing Supply in 28467, NC

How many homes are available in 28467, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
349355+1.7%

Summary: The 28467 real estate market had 355 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 4542
-6.7%
3 223229
+2.7%
4 6973
+5.8%
5+ 119
-18.2%

Summary: The 28467 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5373+37.7%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28467, you may be able to get a good deal. 63% of homes here sold below asking price last month.

Summary: A total of 73 homes were sold or pending in 28467 in October 2024, up by 37.7% month-over-month. Of the 73 sold homes, 63% were sold under asking, 29% were sold at asking, and 8% were sold over asking.

Days on Market for 28467, NC

How long does it take to sell a home in 28467, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days106 Days+130.9%

Summary: Homes in 28467 had an average of 106 days on market in Oct 2024, up by 130.9% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

27 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 28467 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 73 homes were sold in 28467; 36% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 37% 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 28467, NC

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