Is 28580, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28580 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 28580 has remained a Buyer's Market.

Key Takeaway

28580 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28580, NC

How much do homes in 28580, NC cost?

Median Sold Price

$249,900

$174/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$30,000(+13.6%)

Key Takeaway

Homes in 28580 have sold for 13.6% more than they did a month ago.

Summary: The median home sold price in 28580 was $249,900 in November 2024, up 13.6% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $219.9K$249.9K
+13.6%
4 --
N/A
5+ --
N/A

Summary: 28580 housing prices by bedroom type for November 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 increased by 13.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 28580, NC

How many homes are available in 28580, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2223+4.5%

Summary: The 28580 real estate market had 23 homes for sale in November 2024, a 4.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1919
0.0%
4 12
+100.0%
5+ 11
0.0%

Summary: The 28580 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28580, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 28580 in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 28580, NC

How long does it take to sell a home in 28580, NC?

Average Sale Time

Oct 2024Nov 2024CHANGE
74 Days90 Days+22.5%

Summary: Homes in 28580 had an average of 90 days on market in Nov 2024, up by 22.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 28580 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in 28580; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 28580, NC

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