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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28556 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 28556 was a Neutral Market.

Key Takeaway

28556 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28556, NC

How much do homes in 28556, NC cost?

Median Sold Price

$466,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$78,500(+20.3%)

Key Takeaway

Homes in 28556 have sold for 20.3% more than they did a year ago.

Summary: The median home sold price in 28556 was $466,000 in November 2024, up 20.3% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $359K-
N/A
2 $295K$285K
-3.4%
3 $387.5K$490K
+26.5%
4 $757.5K-
N/A
5+ --
N/A

Summary: 28556 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 decreased by 3.4%, 3 bedroom homes increased by 26.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28556
+20.3%
28571
+6.9%

Housing Supply in 28556, NC

How many homes are available in 28556, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
119-18.2%

Summary: The 28556 real estate market had 9 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 108
-20.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 28556 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28556, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 28556 in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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

Nov 2023Nov 2024CHANGE
5 Days10 Days+100.0%

Summary: Homes in 28556 had an average of 10 days on market in Nov 2024, up by 100% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were 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 November 2024, 1 homes were sold in 28556; 100% of homes were sold within 30 days, 0% 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 22 Days Ago

Newest Listings in 28556, NC

Nearby Markets to 28556, NC