Is 28570, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28570 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 28570 has remained a Seller's Market.

Key Takeaway

28570 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28570, NC

How much do homes in 28570, NC cost?

Median Sold Price

$375,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+15.4%)

Key Takeaway

Homes in 28570 have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in 28570 was $375,000 in October 2024, up 15.4% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $84.7K$188K
+121.8%
2 $236K$305K
+29.2%
3 $320K$346.7K
+8.4%
4 $528.7K$455K
-13.9%
5+ $709.5K$835K
+17.7%

Summary: 28570 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 121.8%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes increased by 17.7%.

Median Sold Price Compared To Nearby Zip Codes

28570
+15.4%
28594
+8.2%
28532
+5.0%
28557
+3.4%
28584
+2.7%

Housing Supply in 28570, NC

How many homes are available in 28570, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
103101-1.9%

Summary: The 28570 real estate market had 101 homes for sale in October 2024, a 1.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 912
+33.3%
3 6259
-4.8%
4 2425
+4.2%
5+ 75
-28.6%

Summary: The 28570 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2418-25.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28570, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 28570 in October 2024, down by 25.0% month-over-month. Of the 18 sold homes, 67% were sold under asking, 28% were sold at asking, and 6% were sold over asking.

Days on Market for 28570, NC

How long does it take to sell a home in 28570, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days43 Days+36.3%

Summary: Homes in 28570 had an average of 43 days on market in Oct 2024, up by 36.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28570 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 18 homes were sold in 28570; 61% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 17% 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 23 Days Ago

Newest Listings in 28570, NC

Nearby Markets to 28570, NC