Is 28730, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28730 is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 28730 was a Seller's Market.

Key Takeaway

28730 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 28730, NC

How much do homes in 28730, NC cost?

Median Sold Price

$551,000

$302/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$31,000(+6.0%)

Key Takeaway

Homes in 28730 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 28730 was $551,000 in December 2024, up 6% from last year, and the median price per square foot was $302.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $197.5K$530K
+168.4%
2 $338K$371.3K
+9.9%
3 $503.7K$529.9K
+5.2%
4 $710K$780K
+9.9%
5+ $1.1M$2.0M
+77.0%

Summary: 28730 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 168.4%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 77%.

Median Sold Price Compared To Nearby Zip Codes

28778
+10.1%
28730
+6.0%
28711
+5.0%
28732
+4.0%

Housing Supply in 28730, NC

How many homes are available in 28730, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4749+4.3%

Summary: The 28730 real estate market had 49 homes for sale in December 2024, a 4.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 3031
+3.3%
4 77
0.0%
5+ 22
0.0%

Summary: The 28730 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

7 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 28730, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 28730 in December 2024, up by 100.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for 28730, NC

How long does it take to sell a home in 28730, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
94 Days44 Days-52.7%

Summary: Homes in 28730 had an average of 44 days on market in Dec 2024, down by 52.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28730 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in 28730; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 7 Days Ago

Newest Listings in 28730, NC

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