Is 28513, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28513 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 28513 has remained a Seller's Market.

Key Takeaway

28513 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28513, NC

How much do homes in 28513, NC cost?

Median Sold Price

$258,900

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,900(+12.6%)

Key Takeaway

Homes in 28513 have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in 28513 was $258,900 in October 2024, up 12.6% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$41K
-65.8%
2 $183.5K$98K
-46.6%
3 $215K$248.4K
+15.6%
4 $272.5K$292.7K
+7.4%
5+ $118.5K$300K
+153.2%

Summary: 28513 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.8%, 2 bedroom homes decreased by 46.6%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 153.2%.

Median Sold Price Compared To Nearby Zip Codes

28530
+16.7%
28513
+12.6%
28590
+6.2%
27858
+2.2%

Housing Supply in 28513, NC

How many homes are available in 28513, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5860+3.4%

Summary: The 28513 real estate market had 60 homes for sale in October 2024, a 3.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 4042
+5.0%
4 1414
0.0%
5+ 11
0.0%

Summary: The 28513 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
11110.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28513, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 28513 in October 2024, the same as the previous month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.

Days on Market for 28513, NC

How long does it take to sell a home in 28513, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days44 Days+27.6%

Summary: Homes in 28513 had an average of 44 days on market in Oct 2024, up by 27.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28513 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 28513; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% 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 4 Days Ago

Newest Listings in 28513, NC

Nearby Markets to 28513, NC