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 October 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

$247,895

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,895(+3.3%)

Key Takeaway

Homes in 28546 have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in 28546 was $247,895 in October 2024, up 3.3% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $157K$158.5K
+1.0%
3 $230K$239K
+3.9%
4 $290K$305.3K
+5.3%
5+ $389K$415K
+6.7%

Summary: 28546 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 1%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Zip Codes

28540
+5.6%
28546
+3.3%
28544
-3.2%
28555
-3.6%

Housing Supply in 28546, NC

How many homes are available in 28546, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
326304-6.7%

Summary: The 28546 real estate market had 304 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 4944
-10.2%
3 170175
+2.9%
4 8772
-17.2%
5+ 2013
-35.0%

Summary: The 28546 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 decreased by 10.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes decreased by 35%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7489+20.3%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

42 Homes Were Sold
At Asking

15 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. 47.2% of homes here sold near the asking price last month.

Summary: A total of 89 homes were sold or pending in 28546 in October 2024, up by 20.3% month-over-month. Of the 89 sold homes, 36% were sold under asking, 47% were sold at asking, and 17% 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

Oct 2023Oct 2024CHANGE
23 Days42 Days+81.1%

Summary: Homes in 28546 had an average of 42 days on market in Oct 2024, up by 81.1% compared to last year.

Breakdown of Home Sale Times

52 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

11 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 October 2024, 89 homes were sold in 28546; 58% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% 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