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 November 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

$247,125

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,739(+2.4%)

Key Takeaway

Homes in 28546 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 28546 was $247,125 in November 2024, up 2.4% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $156K$158K
+1.3%
3 $232.9K$239K
+2.6%
4 $290K$305K
+5.2%
5+ $389K$420K
+8.0%

Summary: 28546 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Zip Codes

28540
+4.3%
28546
+2.4%
28544
-2.3%
28555
-3.6%

Housing Supply in 28546, NC

How many homes are available in 28546, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
308288-6.5%

Summary: The 28546 real estate market had 288 homes for sale in November 2024, a 6.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 4339
-9.3%
3 174157
-9.8%
4 7779
+2.6%
5+ 1413
-7.1%

Summary: The 28546 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8963-29.2%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

16 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. 42.9% of homes here sold near the asking price last month.

Summary: A total of 63 homes were sold or pending in 28546 in November 2024, down by 29.2% month-over-month. Of the 63 sold homes, 32% were sold under asking, 43% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
29 Days42 Days+42.3%

Summary: Homes in 28546 had an average of 42 days on market in Nov 2024, up by 42.3% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

5 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 November 2024, 63 homes were sold in 28546; 62% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 8% 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 2 Days Ago

Newest Listings in 28546, NC

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