Is 28530, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28530 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 28530 was a Buyer's Market.

Key Takeaway

28530 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28530, NC

How much do homes in 28530, NC cost?

Median Sold Price

$210,000

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+16.7%)

Key Takeaway

Homes in 28530 have sold for 16.7% more than they did a year ago.

Summary: The median home sold price in 28530 was $210,000 in October 2024, up 16.7% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $50K$85K
+70.0%
3 $189K$209.9K
+11.1%
4 $205K$231.6K
+13.0%
5+ -$321.7K
N/A

Summary: 28530 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 70%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 13%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28530
+16.7%
28513
+12.6%
28501
-4.6%

Housing Supply in 28530, NC

How many homes are available in 28530, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2829+3.6%

Summary: The 28530 real estate market had 29 homes for sale in October 2024, a 3.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1921
+10.5%
4 75
-28.6%
5+ 22
0.0%

Summary: The 28530 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 increased by 100%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28530, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 28530 in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 28530, NC

How long does it take to sell a home in 28530, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days79 Days+449.0%

Summary: Homes in 28530 had an average of 79 days on market in Oct 2024, up by 449% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28530 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 28530; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 28530, NC

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