Is 28539, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28539 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 28539 has remained a Seller's Market.

Key Takeaway

28539 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28539, NC

How much do homes in 28539, NC cost?

Median Sold Price

$257,566

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,433(+4.6%)

Key Takeaway

Homes in 28539 have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in 28539 was $257,566 in October 2024, up 4.6% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $168K$200K
+19.0%
3 $243K$252.9K
+4.1%
4 $346K$370.2K
+7.0%
5+ $487.5K$500K
+2.6%

Summary: 28539 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 19%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Zip Codes

28539
+4.6%
28584
+2.7%
28544
-3.2%

Housing Supply in 28539, NC

How many homes are available in 28539, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
141127-9.9%

Summary: The 28539 real estate market had 127 homes for sale in October 2024, a 9.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1418
+28.6%
3 8976
-14.6%
4 3731
-16.2%
5+ 12
+100.0%

Summary: The 28539 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 28.6%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4531-31.1%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28539, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 28539 in October 2024, down by 31.1% month-over-month. Of the 31 sold homes, 45% were sold under asking, 45% were sold at asking, and 10% were sold over asking.

Days on Market for 28539, NC

How long does it take to sell a home in 28539, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days47 Days+120.9%

Summary: Homes in 28539 had an average of 47 days on market in Oct 2024, up by 120.9% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28539 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 31 homes were sold in 28539; 55% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 16% 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 28539, NC

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