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

$219,900

$142/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$21,100(-8.8%)

Key Takeaway

Homes in 28580 have sold for 8.8% less than they did a month ago.

Summary: The median home sold price in 28580 was $219,900 in October 2024, down 8.8% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $241K$219.9K
-8.8%
4 --
N/A
5+ --
N/A

Summary: 28580 housing prices by bedroom type for October 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 decreased by 8.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

27828
+131.1%
28580
-8.8%
27888
-22.7%

Housing Supply in 28580, NC

How many homes are available in 28580, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
22220.0%

Summary: The 28580 real estate market had 22 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1919
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 28580 housing inventory by bedroom type for October 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28580, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 28580 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
10 Days74 Days+604.8%

Summary: Homes in 28580 had an average of 74 days on market in Oct 2024, up by 604.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 28580 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 28580; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

Newest Listings in 28580, NC

Nearby Markets to 28580, NC