Is 28468, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28468 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 28468 was a Seller's Market.

Key Takeaway

28468 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 28468, NC

How much do homes in 28468, NC cost?

Median Sold Price

$416,375

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$60,125(-12.6%)

Key Takeaway

Homes in 28468 have sold for 12.6% less than they did a year ago.

Summary: The median home sold price in 28468 was $416,375 in November 2024, down 12.6% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $127.5K$170K
+33.3%
2 $260K$285K
+9.6%
3 $370K$417K
+12.7%
4 $587.2K$629.9K
+7.3%
5+ $792.5K$518.5K
-34.6%

Summary: 28468 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 34.6%.

Median Sold Price Compared To Nearby Zip Codes

28467
+7.6%
28469
+7.2%
28420
-10.7%
28468
-12.6%

Housing Supply in 28468, NC

How many homes are available in 28468, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
163159-2.5%

Summary: The 28468 real estate market had 159 homes for sale in November 2024, a 2.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 2623
-11.5%
3 8688
+2.3%
4 4335
-18.6%
5+ 710
+42.9%

Summary: The 28468 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25250.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28468, you may be able to get a good deal. 68% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 28468 in November 2024, the same as the previous month. Of the 25 sold homes, 68% were sold under asking, 24% were sold at asking, and 8% were sold over asking.

Days on Market for 28468, NC

How long does it take to sell a home in 28468, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days49 Days+66.8%

Summary: Homes in 28468 had an average of 49 days on market in Nov 2024, up by 66.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28468 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 25 homes were sold in 28468; 48% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 20% 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 28468, NC

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