Is 28732, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28732 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 28732 was a Seller's Market.

Key Takeaway

28732 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28732, NC

How much do homes in 28732, NC cost?

Median Sold Price

$457,000

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,000(+5.1%)

Key Takeaway

Homes in 28732 have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in 28732 was $457,000 in October 2024, up 5.1% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $279.7K$274K
-2.1%
2 $299K$322.5K
+7.9%
3 $415.5K$438.4K
+5.5%
4 $570K$530K
-7.0%
5+ $706.5K$620K
-12.3%

Summary: 28732 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

28803
+11.9%
28791
+11.7%
28792
+10.0%
28732
+5.1%
28704
+3.2%

Housing Supply in 28732, NC

How many homes are available in 28732, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
128132+3.1%

Summary: The 28732 real estate market had 132 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1211
-8.3%
3 7077
+10.0%
4 3233
+3.1%
5+ 129
-25.0%

Summary: The 28732 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 8.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2011-45.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28732, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 28732 in October 2024, down by 45.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.

Days on Market for 28732, NC

How long does it take to sell a home in 28732, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days43 Days+19.0%

Summary: Homes in 28732 had an average of 43 days on market in Oct 2024, up by 19% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 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 28732 has remained consistent over time.

Summary: During October 2024, 11 homes were sold in 28732; 36% of homes were sold within 30 days, 55% 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 20 Days Ago

Newest Listings in 28732, NC

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