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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28472 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 28472 has remained a Buyer's Market.

Key Takeaway

28472 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28472, NC

How much do homes in 28472, NC cost?

Median Sold Price

$213,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,000(-7.0%)

Key Takeaway

Homes in 28472 have sold for 7% less than they did a year ago.

Summary: The median home sold price in 28472 was $213,000 in October 2024, down 7% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $90K$154K
+71.1%
2 $110K$146K
+32.7%
3 $213.7K$205K
-4.1%
4 $324K$290K
-10.5%
5+ $321.2K$465K
+44.7%

Summary: 28472 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.1%, 2 bedroom homes increased by 32.7%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 10.5%, 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

Sep 2024Oct 2024CHANGE
6874+8.8%

Summary: The 28472 real estate market had 74 homes for sale in October 2024, a 8.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1715
-11.8%
3 4246
+9.5%
4 68
+33.3%
5+ 34
+33.3%

Summary: The 28472 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 11.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 28472 in October 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
121 Days74 Days-38.2%

Summary: Homes in 28472 had an average of 74 days on market in Oct 2024, down by 38.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28472 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 28472; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 24 Days Ago

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