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 20 Days Ago

Newest Listings in 28539, NC

Nearby Markets to 28539, NC