28348 Home Values & Market Trends
There are 117 homes currently listed for 28348. 28348 real estate market trends show that home prices range from $59,000 to $490,000, and the median sales price in the 28348 zip code is $223,164.96. The total number of properties sold within the past twelve months is 835. In 28348, 21 properties are in foreclosure, 2 are bank owned properties,and 6 are headed for auction.
Housing Market Summary for 28348
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $259.4K | $237.7K | -8.37% |
| Median Sold Price | $224.9K | $237.7K | 5.70% |
| Homes For Sale | 106 | 100 | -5.66% |
| Homes Sold | 337 | 293 | -13.06% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 28348
Browse Homes in 28348
The median list price of a home in Hope Mills, is $223,164.96. A total of 117 properties are for sale, and the percentage of properties for sale in the zip code is 117.00%. The total count of 28348 properties is 12,451.
- Pre-ForeclosurePre-foreclosure homes account for 0.10% of all residential properties in 28348 with hope mills containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 28348; of that cities, the estimated home value for pre-foreclosure homes ranges from $362,839 in hope mills to the lowest home value of $140,235 in hope mills.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 28348 ranges from the highest value of $300,272 in hope mills to the lowest value of $175,000 in hope mills. Bank owned homes and properties account for 0.02% of properties in 28348. There is 1 cities within 28348; hope mills containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionshope mills has 6 auction properties, the highest number of properties going to auction in a single city in the state of 28348. Auction homes and other auction properties account for 0.05% of all properties in 28348. There is 1 cities within 28348; of that cities, the median estimated home value for homes going to auction ranges from $296,075 in hope mills to the lowest value of $153,380 in hope mills.
Compare Nearby Zip Codes
More Real Estate Resources for 28348
Guide for 28348
North Carolina Foreclosure Laws
A look at the Asheville’s real estate market trends from May 2023 to March 2024, highlighting key trends and dynamics in home values, sale prices, and supply.
In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.
The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.
