Is 28544, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28544 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 28544 has remained a Seller's Market.

Key Takeaway

28544 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28544, NC

How much do homes in 28544, NC cost?

Median Sold Price

$299,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,000(-3.2%)

Key Takeaway

Homes in 28544 have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in 28544 was $299,000 in October 2024, down 3.2% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $133K$151.5K
+13.9%
3 $238.5K$250K
+4.8%
4 $349K$357K
+2.3%
5+ $412.7K$422K
+2.2%

Summary: 28544 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 13.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Zip Codes

28539
+4.6%
28546
+3.3%
28544
-3.2%

Housing Supply in 28544, NC

How many homes are available in 28544, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5152+2.0%

Summary: The 28544 real estate market had 52 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 2523
-8.0%
4 1516
+6.7%
5+ 67
+16.7%

Summary: The 28544 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 20%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
410+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28544, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 28544 in October 2024, up by 150.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 28544, NC

How long does it take to sell a home in 28544, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days51 Days-4.4%

Summary: Homes in 28544 had an average of 51 days on market in Oct 2024, down by 4.4% compared to last year.

Breakdown of Home Sale Times

5 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 28544 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 28544; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% 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 28544, NC

Nearby Markets to 28544, NC