Is 28637, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28637 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 28637 has remained a Seller's Market.

Key Takeaway

28637 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28637, NC

How much do homes in 28637, NC cost?

Median Sold Price

$364,900

$130/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$104,900(+40.3%)

Key Takeaway

Homes in 28637 have sold for 40.3% more than they did a month ago.

Summary: The median home sold price in 28637 was $364,900 in October 2024, up 40.3% from last month, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $260K$364.9K
+40.3%
5+ --
N/A

Summary: 28637 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 did not change, 4 bedroom homes increased by 40.3%, and 5+ bedroom homes did not change.

Housing Supply in 28637, NC

How many homes are available in 28637, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The 28637 real estate market had 5 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 01
+100.0%
3 22
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The 28637 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28637, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 28637 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 28637, NC

How long does it take to sell a home in 28637, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
42 Days29 Days-31.0%

Summary: Homes in 28637 had an average of 29 days on market in Oct 2024, down by 31% compared to last month.

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 28637 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 28637; 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 14 Days Ago

Newest Listings in 28637, NC

Nearby Markets to 28637, NC