Is 28756, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28756 is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, 28756 has remained a Neutral Market.

Key Takeaway

28756 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 28756, NC

How much do homes in 28756, NC cost?

Median Sold Price

$680,000

$287/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$217,500(+47.0%)

Key Takeaway

Homes in 28756 have sold for 47% more than they did a year ago.

Summary: The median home sold price in 28756 was $680,000 in October 2024, up 47% from last year, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $261.6K$120K
-54.1%
2 $528.4K$595K
+12.6%
3 $447.5K$700K
+56.4%
4 $415K$902.5K
+117.5%
5+ $1.0M$762K
-27.4%

Summary: 28756 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.1%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 56.4%, 4 bedroom homes increased by 117.5%, and 5+ bedroom homes decreased by 27.4%.

Median Sold Price Compared To Nearby Zip Codes

28756
+47.0%
28722
+21.3%
28746
+16.5%
28782
+15.8%
28773
+9.1%

Housing Supply in 28756, NC

How many homes are available in 28756, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4342-2.3%

Summary: The 28756 real estate market had 42 homes for sale in October 2024, a 2.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 87
-12.5%
3 2424
0.0%
4 86
-25.0%
5+ 34
+33.3%

Summary: The 28756 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 28756, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 28756 in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for 28756, NC

How long does it take to sell a home in 28756, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days50 Days+108.2%

Summary: Homes in 28756 had an average of 50 days on market in Oct 2024, up by 108.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28756 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 28756; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 14 Days Ago

Newest Listings in 28756, NC

Nearby Markets to 28756, NC