Is 28681, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28681 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 28681 was a Seller's Market.

Key Takeaway

28681 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28681, NC

How much do homes in 28681, NC cost?

Median Sold Price

$298,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,000(+10.8%)

Key Takeaway

Homes in 28681 have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in 28681 was $298,000 in October 2024, up 10.8% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K$227.5K
-9.0%
2 $160K$215K
+34.4%
3 $290.5K$310K
+6.7%
4 $465.5K$420.7K
-9.6%
5+ $311.4K$875K
+181.0%

Summary: 28681 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9%, 2 bedroom homes increased by 34.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 181%.

Median Sold Price Compared To Nearby Zip Codes

28681
+10.8%
28601
+10.5%
28678
+9.6%

Housing Supply in 28681, NC

How many homes are available in 28681, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8078-2.5%

Summary: The 28681 real estate market had 78 homes for sale in October 2024, a 2.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1114
+27.3%
3 5146
-9.8%
4 1111
0.0%
5+ 66
0.0%

Summary: The 28681 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 27.3%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

10 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 28681, you may be able to get a good deal. 90.9% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 28681 in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 91% were sold under asking, 0% were sold at asking, and 9% were sold over asking.

Days on Market for 28681, NC

How long does it take to sell a home in 28681, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days65 Days+30.6%

Summary: Homes in 28681 had an average of 65 days on market in Oct 2024, up by 30.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 28681 has remained consistent over time.

Summary: During October 2024, 11 homes were sold in 28681; 27% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 9% 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 28681, NC

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