Is 28562, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28562 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 28562 has remained a Seller's Market.

Key Takeaway

28562 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28562, NC

How much do homes in 28562, NC cost?

Median Sold Price

$345,088

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,051(+6.2%)

Key Takeaway

Homes in 28562 have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in 28562 was $345,088 in November 2024, up 6.2% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $180K$192K
+6.7%
3 $300.7K$319.9K
+6.4%
4 $373.5K$400K
+7.1%
5+ $450K$457K
+1.6%

Summary: 28562 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 6.7%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 1.6%.

Median Sold Price Compared To Nearby Zip Codes

28573
+14.3%
28560
+6.9%
28562
+6.2%

Housing Supply in 28562, NC

How many homes are available in 28562, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
271245-9.6%

Summary: The 28562 real estate market had 245 homes for sale in November 2024, a 9.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 127
-41.7%
3 162154
-4.9%
4 8269
-15.9%
5+ 1515
0.0%

Summary: The 28562 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 41.7%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6765-3.0%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28562, you may be able to get a good deal. 56.9% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in 28562 in November 2024, down by 3.0% month-over-month. Of the 65 sold homes, 57% were sold under asking, 31% were sold at asking, and 12% were sold over asking.

Days on Market for 28562, NC

How long does it take to sell a home in 28562, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days40 Days+60.8%

Summary: Homes in 28562 had an average of 40 days on market in Nov 2024, up by 60.8% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28562 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 65 homes were sold in 28562; 55% of homes were sold within 30 days, 32% 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 17 Days Ago

Newest Listings in 28562, NC

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