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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28682 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 28682 was a Buyer's Market.

Key Takeaway

28682 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28682, NC

How much do homes in 28682, NC cost?

Median Sold Price

$1,170,000

$293/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$90,000(-7.1%)

Key Takeaway

Homes in 28682 have sold for 7.1% less than they did a month ago.

Summary: The median home sold price in 28682 was $1,170,000 in November 2024, down 7.1% from last month, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.2M$1.1M
-7.8%
4 -$1.2M
N/A
5+ -$845K
N/A

Summary: 28682 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 28682, NC

How many homes are available in 28682, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
19190.0%

Summary: The 28682 real estate market had 19 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 109
-10.0%
4 89
+12.5%
5+ 11
0.0%

Summary: The 28682 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 28682 in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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 2024Nov 2024CHANGE
58 Days80 Days+38.3%

Summary: Homes in 28682 had an average of 80 days on market in Nov 2024, up by 38.3% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 November 2024, 5 homes were sold in 28682; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 22 Days Ago

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