Is 28610, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28610 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 28610 has remained a Seller's Market.

Key Takeaway

28610 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28610, NC

How much do homes in 28610, NC cost?

Median Sold Price

$256,450

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,450(+6.9%)

Key Takeaway

Homes in 28610 have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in 28610 was $256,450 in October 2024, up 6.9% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$180K
N/A
2 $174.2K$180K
+3.3%
3 $259.5K$299K
+15.2%
4 $452.5K$279.4K
-38.2%
5+ $237.5K$1.4M
+506.8%

Summary: 28610 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 38.2%, and 5+ bedroom homes increased by 506.8%.

Median Sold Price Compared To Nearby Zip Codes

28678
+9.6%
28610
+6.9%
28609
+6.7%
28613
+0.7%
28658
-6.3%

Housing Supply in 28610, NC

How many homes are available in 28610, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3433-2.9%

Summary: The 28610 real estate market had 33 homes for sale in October 2024, a 2.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 78
+14.3%
3 2120
-4.8%
4 33
0.0%
5+ 10
-100.0%

Summary: The 28610 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 increased by 14.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28610, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 28610 in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for 28610, NC

How long does it take to sell a home in 28610, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days36 Days+41.7%

Summary: Homes in 28610 had an average of 36 days on market in Oct 2024, up by 41.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28610 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 28610; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 14 Days Ago

Newest Listings in 28610, NC

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