Is 28556, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28556 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 28556 has remained a Neutral Market.

Key Takeaway

28556 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 28556, NC

How much do homes in 28556, NC cost?

Median Sold Price

$470,000

$248/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$37,500(+8.7%)

Key Takeaway

Homes in 28556 have sold for 8.7% more than they did a month ago.

Summary: The median home sold price in 28556 was $470,000 in October 2024, up 8.7% from last month, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $432.5K-
N/A
3 -$470K
N/A
4 --
N/A
5+ --
N/A

Summary: 28556 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 28556, NC

How many homes are available in 28556, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1312-7.7%

Summary: The 28556 real estate market had 12 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 910
+11.1%
4 00
0.0%
5+ 00
0.0%

Summary: The 28556 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 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28556, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 28556 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 28556, NC

How long does it take to sell a home in 28556, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
12 Days46 Days+283.3%

Summary: Homes in 28556 had an average of 46 days on market in Oct 2024, up by 283.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28556 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 28556; 50% of homes were sold within 30 days, 50% 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 20 Days Ago

Newest Listings in 28556, NC

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