Is 28555, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28555 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 28555 has remained a Seller's Market.

Key Takeaway

28555 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28555, NC

How much do homes in 28555, NC cost?

Median Sold Price

$265,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,000(-3.6%)

Key Takeaway

Homes in 28555 have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in 28555 was $265,000 in October 2024, down 3.6% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $585K$255K
-56.4%
3 $269.9K$255K
-5.5%
4 $329K$359K
+9.1%
5+ --
N/A

Summary: 28555 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 decreased by 56.4%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28573
+14.3%
28546
+3.3%
28584
+2.7%
28555
-3.6%

Housing Supply in 28555, NC

How many homes are available in 28555, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2730+11.1%

Summary: The 28555 real estate market had 30 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2123
+9.5%
4 34
+33.3%
5+ 00
0.0%

Summary: The 28555 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 remained the same, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

3 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 28555, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in 28555 in October 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.

Days on Market for 28555, NC

How long does it take to sell a home in 28555, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days25 Days-54.9%

Summary: Homes in 28555 had an average of 25 days on market in Oct 2024, down by 54.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28555 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 28555; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 28555, NC

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