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 November 2023

At the same time last year, 28513 was a Buyer'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

$261,990

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,990(+13.9%)

Key Takeaway

Homes in 28513 have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in 28513 was $261,990 in November 2024, up 13.9% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $120K$41K
-65.8%
2 $219K$149K
-32.0%
3 $216.2K$248.4K
+14.9%
4 $260K$306K
+17.7%
5+ $118.5K$300K
+153.2%

Summary: 28513 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.8%, 2 bedroom homes decreased by 32%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 153.2%.

Median Sold Price Compared To Nearby Zip Codes

28530
+19.0%
28513
+13.9%
28590
+7.5%
27858
+1.7%

Housing Supply in 28513, NC

How many homes are available in 28513, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6054-10.0%

Summary: The 28513 real estate market had 54 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 4135
-14.6%
4 1516
+6.7%
5+ 11
0.0%

Summary: The 28513 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28513, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 28513 in November 2024, the same as the previous month. Of the 11 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% 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

Nov 2023Nov 2024CHANGE
15 Days133 Days+786.7%

Summary: Homes in 28513 had an average of 133 days on market in Nov 2024, up by 786.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 28513 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 11 homes were sold in 28513; 27% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 45% 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 21 Days Ago

Newest Listings in 28513, NC

Nearby Markets to 28513, NC