Is 28657, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28657 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 28657 has remained a Neutral Market.

Key Takeaway

28657 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 28657, NC

How much do homes in 28657, NC cost?

Median Sold Price

$211,500

$193/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$59,350(-21.9%)

Key Takeaway

Homes in 28657 have sold for 21.9% less than they did a month ago.

Summary: The median home sold price in 28657 was $211,500 in October 2024, down 21.9% from last month, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $166.7K-
N/A
2 $375K$205K
-45.3%
3 -$218K
N/A
4 --
N/A
5+ --
N/A

Summary: 28657 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 decreased by 45.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 28657, NC

How many homes are available in 28657, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1412-14.3%

Summary: The 28657 real estate market had 12 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 32
-33.3%
3 88
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 28657 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 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
220.0%

Asking Price vs. Sold Price

2 Homes Were 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 28657, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 28657 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 28657, NC

How long does it take to sell a home in 28657, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
30 Days62 Days+106.7%

Summary: Homes in 28657 had an average of 62 days on market in Oct 2024, up by 106.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28657 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 28657; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 13 Days Ago

Newest Listings in 28657, NC

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