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 4 Days Ago

Newest Listings in 28570, NC

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