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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28730 is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

28730 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28730, NC

How much do homes in 28730, NC cost?

Median Sold Price

$551,000

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,000(+3.0%)

Key Takeaway

Homes in 28730 have sold for 3% more than they did a year ago.

Summary: The median home sold price in 28730 was $551,000 in October 2024, up 3% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $235K$530K
+125.5%
2 $355K$371.3K
+4.6%
3 $523K$522.5K
-0.1%
4 $725K$700K
-3.4%
5+ $1.0M$1.9M
+83.4%

Summary: 28730 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 125.5%, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 83.4%.

Median Sold Price Compared To Nearby Zip Codes

28778
+10.0%
28732
+5.1%
28711
+4.6%
28730
+3.0%

Housing Supply in 28730, NC

How many homes are available in 28730, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4435-20.5%

Summary: The 28730 real estate market had 35 homes for sale in October 2024, a 20.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 2419
-20.8%
4 96
-33.3%
5+ 33
0.0%

Summary: The 28730 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 decreased by 12.5%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
111-90.9%

Asking Price vs. Sold Price

1 Home Was 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 28730, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 28730 in October 2024, down by 90.9% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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

Oct 2023Oct 2024CHANGE
31 Days6 Days-80.7%

Summary: Homes in 28730 had an average of 6 days on market in Oct 2024, down by 80.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 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 October 2024, 1 homes were sold in 28730; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 13 Days Ago

Newest Listings in 28730, NC

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