28383 Housing Market: Stats & Trends

How does the housing market look in 28383? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.

Median Sale Price

$50,000

66.7%

New Listings

50.0%

Number of Homes Sold

Median Days on Market

221

317.0%

Market Overview

In the last 30 days, homes for sale in 28383, Rowland, NC sold for a median price of $50,000, down 66.7% compared to the same period last year. The median price per square foot was $47.62, down 60.6% year-over-year. There was one home sold, same as last year.

What does this mean?

The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.

Real Estate Market Report Home Valuation Illustration

Get your maximum home value with minimal effort

Use Orchard’s free tool to get your most accurate home valuation today.

Get Started

Get your maximum home value with minimal effort

Use Orchard’s free tool to get your most accurate home valuation today.

Get Started

Housing Supply

Yesterday, the total number of homes for sale in 28383, Rowland, NC was 14, up 180% compared to last year. In the last 30 days, 3 new homes were listed for sale, up 50% year-over-year. The median days on market was 221, up from 53 days last year. The months of supply was 9, up from 4 months last year.

What does this mean?

The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.

Your dream home is waiting for you.

Tell us your must-haves, and we’ll share all the homes that meet your criteria.

Start Quiz

Your dream home is waiting for you.

Tell us your must-haves, and we’ll share all the homes that meet your criteria.

Start Quiz

Housing Demand

In the last 30 days, homes in 28383, Rowland, NC had a median sale-to-list-price ratio of 57.8%, down 42.3 pt compared to the same period last year. 0% of homes sold above list price, down 100 pt year-over-year. 100% of homes listed dropped in price, up 100 pt from last year.

What does this mean?

Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.