Is 28660, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28660 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 28660 has remained a Seller's Market.

Key Takeaway

28660 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28660, NC

How much do homes in 28660, NC cost?

Median Sold Price

$412,500

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$97,500(+31.0%)

Key Takeaway

Homes in 28660 have sold for 31% more than they did a year ago.

Summary: The median home sold price in 28660 was $412,500 in October 2024, up 31% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $285K$362.5K
+27.2%
3 $315K$412.5K
+31.0%
4 --
N/A
5+ --
N/A

Summary: 28660 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 27.2%, 3 bedroom homes increased by 31%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28660
+31.0%
28634
+7.7%
28625
+3.4%

Housing Supply in 28660, NC

How many homes are available in 28660, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The 28660 real estate market had 7 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 00
0.0%
3 77
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 28660 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
03+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28660, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 28660 in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 28660, NC

How long does it take to sell a home in 28660, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
102 Days40 Days-60.7%

Summary: Homes in 28660 had an average of 40 days on market in Oct 2024, down by 60.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28660 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 28660; 67% of homes were sold within 30 days, 33% 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 28660, NC

Nearby Markets to 28660, NC