Is 28636, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28636 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 28636 was a Seller's Market.

Key Takeaway

28636 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28636, NC

How much do homes in 28636, NC cost?

Median Sold Price

$227,500

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,500(+2.5%)

Key Takeaway

Homes in 28636 have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in 28636 was $227,500 in November 2024, up 2.5% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $152.5K-
N/A
2 $185K$182K
-1.6%
3 $222K$225K
+1.4%
4 $436K$437.5K
0.3%
5+ --
N/A

Summary: 28636 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28681
+15.1%
28678
+10.7%
28625
+3.0%
28636
+2.5%

Housing Supply in 28636, NC

How many homes are available in 28636, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
911+22.2%

Summary: The 28636 real estate market had 11 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 67
+16.7%
4 22
0.0%
5+ 00
0.0%

Summary: The 28636 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 increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28636, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 28636 in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 28636, NC

How long does it take to sell a home in 28636, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days4 Days-86.0%

Summary: Homes in 28636 had an average of 4 days on market in Nov 2024, down by 86% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28636 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 28636; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 28636, NC

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