Is 28739, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28739 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 28739 has remained a Seller's Market.

Key Takeaway

28739 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 28739, NC

How much do homes in 28739, NC cost?

Median Sold Price

$464,970

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$14,584(-3.0%)

Key Takeaway

Homes in 28739 have sold for 3% less than they did a year ago.

Summary: The median home sold price in 28739 was $464,970 in December 2024, down 3% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $210K$198.5K
-5.5%
2 $395.5K$353K
-10.7%
3 $473.5K$479.5K
+1.3%
4 $610K$605K
-0.8%
5+ $950K$659.4K
-30.6%

Summary: 28739 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 30.6%.

Median Sold Price Compared To Nearby Zip Codes

28790
+32.3%
28729
+8.2%
28791
+6.8%
28739
-3.0%

Housing Supply in 28739, NC

How many homes are available in 28739, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
154149-3.2%

Summary: The 28739 real estate market had 149 homes for sale in December 2024, a 3.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 31
-66.7%
2 3637
+2.8%
3 8076
-5.0%
4 2021
+5.0%
5+ 1514
-6.7%

Summary: The 28739 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2127+28.6%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28739, you may be able to get a good deal. 63% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 28739 in December 2024, up by 28.6% month-over-month. Of the 27 sold homes, 63% were sold under asking, 22% were sold at asking, and 15% were sold over asking.

Days on Market for 28739, NC

How long does it take to sell a home in 28739, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
24 Days59 Days+142.0%

Summary: Homes in 28739 had an average of 59 days on market in Dec 2024, up by 142% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28739 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 27 homes were sold in 28739; 52% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 26% 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 4 Days Ago

Newest Listings in 28739, NC

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