28150 Housing Market Report January 2025•Cleveland County, North Carolina

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Housing Prices in 28150, NC

How much do homes in 28150, NC cost?

Housing Market Conditions

Is 28150, NC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

28150 is a Buyer's Market

Difference Since January 2024

At the same time last year, 28150 was a Seller's Market.

Insight

28150 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$240,500$161/SqFt
+$7,171
+3.1%

Based on all homes sold in the last 12 months

Insight

Homes in 28150 have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in 28150 was $240,500 in January 2025, up 3.1% from last year, and the median price per square foot was $161.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
28152
+9.9%
28090
+7.1%
28150
+3.1%
28021
-2.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$118.5K$85K
-28.3%
2$167K$179.5K
+7.5%
3$230K$240K
+4.3%
4$289K$335K
+15.9%
5$347.5K$375K
+7.9%

Summary: 28150 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -28.3%. The home price for 2 bedroom homes increased by +7.5%. The home price for 3 bedroom homes increased by +4.3%. The home price for 4 bedroom homes increased by +15.9%. The home price for 5 bedroom homes increased by +7.9%.

Housing supply in 28150, NC

How many homes are available in 28150, NC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
165Last MonthJan 2025
1582 months agoDec 2024
+4.4 %
Change MoMDec – Jan

Summary: The 28150 real estate market had 165 homes for sale in Jan 2025, a 4.4 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
17Last MonthJan 2025
182 months agoDec 2024
-5.6 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
142
-50.0%
23436
+5.9%
38387
+4.8%
42325
+8.7%
51415
+7.1%

Summary: 28150 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes increased by +5.9%. The inventory for 3 bedroom homes increased by +4.8%. The inventory for 4 bedroom homes increased by +8.7%. The inventory for 5 bedroom homes increased by +7.1%.

Asking Price vs. Sold Price

How much do homes in 28150, NC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price5 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in 28150, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 28150 in January 2025, down by 5.6% month-over-month. Of the 17 sold homes, 59% were sold under asking, 29% were sold at asking, and and 12% were sold over asking.

Days on Market for 28150, NC

How long does it take to sell a home in 28150, NC?

Breakdown of Home Sale Times

Under 30 Days7 Homes

30 – 90 Days3 Homes

Over 90 Days6 Homes

Insight

Many homes in 28150 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 17 homes were sold in 28150; 41% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
82 DaysThis YearJan 2025
47 Days1 year agoJan 2024
+74.8 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 28150 had an average listing age of 82 days in Jan 2025, up by 74.8% compared to the previous year.

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Newest Listings in 28150, NC

What homes are available in 28150, NC?

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Nearby markets

Popular Cities with Homes for Sale in North Carolina

MLS Disclaimers and Copyright

Based on information from Canopy MLS, Triad MLS Inc, Multiple Listing Service of Spartanburg, and Greater Greenville MLS for the period 02/01/2023 - 02/01/2025

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 10:51:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Spartanburg Association of REALTORS® Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing provided courtesy of Greater Greenville Association of Realtors® Internet Data Exchange Database. © 2025 GGAR MLS.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.