Is 28472, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28472 is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 28472 was a Seller's Market.

Key Takeaway

28472 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 28472, NC

How much do homes in 28472, NC cost?

Median Sold Price

$210,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$10,000(-4.5%)

Key Takeaway

Homes in 28472 have sold for 4.5% less than they did a year ago.

Summary: The median home sold price in 28472 was $210,000 in December 2024, down 4.5% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $154K-
N/A
2 $125K$141.7K
+13.4%
3 $213.7K$200K
-6.4%
4 $338K$285K
-15.7%
5+ $321.2K$465K
+44.7%

Summary: 28472 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.4%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes increased by 44.7%.

Housing Supply in 28472, NC

How many homes are available in 28472, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7269-4.2%

Summary: The 28472 real estate market had 69 homes for sale in December 2024, a 4.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1213
+8.3%
3 4440
-9.1%
4 910
+11.1%
5+ 65
-16.7%

Summary: The 28472 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
10100.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28472, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 28472 in December 2024, the same as the previous month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.

Days on Market for 28472, NC

How long does it take to sell a home in 28472, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
37 Days92 Days+147.5%

Summary: Homes in 28472 had an average of 92 days on market in Dec 2024, up by 147.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 28472 has remained consistent over time.

Summary: During December 2024, 10 homes were sold in 28472; 20% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 30% 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 2 Days Ago

Newest Listings in 28472, NC

Nearby Markets to 28472, NC