Is 28546, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28546 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 28546 has remained a Seller's Market.

Key Takeaway

28546 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28546, NC

How much do homes in 28546, NC cost?

Median Sold Price

$249,900

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$9,900(+4.1%)

Key Takeaway

Homes in 28546 have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in 28546 was $249,900 in December 2024, up 4.1% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $158.9K$159K
0.1%
3 $230K$240K
+4.4%
4 $291.1K$309.9K
+6.5%
5+ $389K$420K
+8.0%

Summary: 28546 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Zip Codes

28540
+5.4%
28546
+4.1%
28555
-3.6%
28544
-7.8%

Housing Supply in 28546, NC

How many homes are available in 28546, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
290286-1.4%

Summary: The 28546 real estate market had 286 homes for sale in December 2024, a 1.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 4040
0.0%
3 157149
-5.1%
4 8184
+3.7%
5+ 1213
+8.3%

Summary: The 28546 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
6569+6.2%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28546, expect to pay close to the asking price. 47.8% of homes here sold near the asking price last month.

Summary: A total of 69 homes were sold or pending in 28546 in December 2024, up by 6.2% month-over-month. Of the 69 sold homes, 41% were sold under asking, 48% were sold at asking, and 12% were sold over asking.

Days on Market for 28546, NC

How long does it take to sell a home in 28546, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
29 Days52 Days+74.3%

Summary: Homes in 28546 had an average of 52 days on market in Dec 2024, up by 74.3% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28546 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 69 homes were sold in 28546; 48% of homes were sold within 30 days, 32% 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 4 Days Ago

Newest Listings in 28546, NC

Nearby Markets to 28546, NC