Is 28790, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 28790 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 28790 has remained a Buyer's Market.

Key Takeaway

28790 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 28790, NC

How much do homes in 28790, NC cost?

Median Sold Price

$620,000

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$172,000(+38.4%)

Key Takeaway

Homes in 28790 have sold for 38.4% more than they did a year ago.

Summary: The median home sold price in 28790 was $620,000 in November 2024, up 38.4% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $100K$172.5K
+72.5%
2 $285K$302.5K
+6.1%
3 $472.5K$671.5K
+42.1%
4 $977.5K$370K
-62.1%
5+ -$2.6M
N/A

Summary: 28790 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.5%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 42.1%, 4 bedroom homes decreased by 62.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28790
+38.4%
28731
+4.2%
28739
0.2%

Housing Supply in 28790, NC

How many homes are available in 28790, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2723-14.8%

Summary: The 28790 real estate market had 23 homes for sale in November 2024, a 14.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 1511
-26.7%
4 88
0.0%
5+ 11
0.0%

Summary: The 28790 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 26.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

2 Homes Were 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 28790, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 28790 in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 28790, NC

How long does it take to sell a home in 28790, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days79 Days+409.7%

Summary: Homes in 28790 had an average of 79 days on market in Nov 2024, up by 409.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 28790 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 28790; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in 28790, NC

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