Is 28682, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28682 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 28682 was a Neutral Market.

Key Takeaway

28682 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28682, NC

How much do homes in 28682, NC cost?

Median Sold Price

$1,187,500

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$108,450(+10.1%)

Key Takeaway

Homes in 28682 have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in 28682 was $1,187,500 in October 2024, up 10.1% from last year, and the median price per square foot was $368.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $591K$1.1M
+95.9%
3 $399K$1.2M
+200.8%
4 $1.0M$1.3M
+20.5%
5+ $1.7M$2.4M
+39.8%

Summary: 28682 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 95.9%, 3 bedroom homes increased by 200.8%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 39.8%.

Median Sold Price Compared To Nearby Zip Codes

28673
+23.2%
28682
+10.1%
28117
-1.9%

Housing Supply in 28682, NC

How many homes are available in 28682, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1620+25.0%

Summary: The 28682 real estate market had 20 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1011
+10.0%
4 68
+33.3%
5+ 01
+100.0%

Summary: The 28682 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 increased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

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 28682, 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 28682 in October 2024, up by 100.0% month-over-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 28682, NC

How long does it take to sell a home in 28682, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days58 Days+329.6%

Summary: Homes in 28682 had an average of 58 days on market in Oct 2024, up by 329.6% compared to last year.

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 28682 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 28682; 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 14 Days Ago

Newest Listings in 28682, NC

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