Is 28676, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28676 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 28676 has remained a Seller's Market.

Key Takeaway

28676 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28676, NC

How much do homes in 28676, NC cost?

Median Sold Price

$359,000

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$126,500(+54.4%)

Key Takeaway

Homes in 28676 have sold for 54.4% more than they did a year ago.

Summary: The median home sold price in 28676 was $359,000 in November 2024, up 54.4% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $173.9K$210K
+20.8%
3 $232.5K$359K
+54.4%
4 $410K$612K
+49.3%
5+ --
N/A

Summary: 28676 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 increased by 20.8%, 3 bedroom homes increased by 54.4%, 4 bedroom homes increased by 49.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28676
+54.4%
28621
+19.9%

Housing Supply in 28676, NC

How many homes are available in 28676, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1618+12.5%

Summary: The 28676 real estate market had 18 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 910
+11.1%
4 43
-25.0%
5+ 00
0.0%

Summary: The 28676 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 66.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

4 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 28676, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 28676 in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 28676, NC

How long does it take to sell a home in 28676, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days35 Days+70.5%

Summary: Homes in 28676 had an average of 35 days on market in Nov 2024, up by 70.5% compared to last year.

Breakdown of Home Sale Times

3 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 28676 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 28676; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 21 Days Ago

Newest Listings in 28676, NC

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