New - 14 hours on RocketBackup offers
$10,000 Closing Credit¹
#100490561, Listing Office: Coldwell Banker Sea Coast Advantage-Midtown
28409 Housing Market Report January 2025•New Hanover County, North Carolina
Housing Prices in 28409, NC
How much do homes in 28409, NC cost?
Housing Market Conditions
Is 28409, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
28409 is a Seller's Market
Difference Since January 2024
Since last year, 28409 has remained a Seller's Market.
Insight
28409 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$530,000$244/SqFt
+$35,000
+7.1%
Based on all homes sold in the last 12 months
Insight
Homes in 28409 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 28409 was $530,000 in January 2025, up 7.1% from last year, and the median price per square foot was $244.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $385K | - | N/A |
| 22 Bedrooms | $295K | $285.7K | -3.1% |
| 33 Bedrooms | $422.9K | $459.6K | +8.7% |
| 44 Bedrooms | $570K | $633.4K | +11.1% |
| 55+ Bedrooms | $662.7K | $870K | +31.3% |
Summary: 28409 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -3.1%. The home price for 3 bedroom homes increased by +8.7%. The home price for 4 bedroom homes increased by +11.1%. The home price for 5 bedroom homes increased by +31.3%.
Housing supply in 28409, NC
How many homes are available in 28409, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 172Last MonthJan 2025 | ||
| 1662 months agoDec 2024 | +3.6 % Change MoMDec – Jan |
Summary: The 28409 real estate market had 172 homes for sale in Jan 2025, a 3.6 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 33Last MonthJan 2025 | ||
| 432 months agoDec 2024 | -23.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 6 | 6 | 0.0% |
| 33 Bedrooms | 64 | 68 | +6.3% |
| 44 Bedrooms | 77 | 80 | +3.9% |
| 55+ Bedrooms | 19 | 18 | -5.3% |
Summary: 28409 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +6.3%. The inventory for 4 bedroom homes increased by +3.9%. The inventory for 5 bedroom homes decreased by -5.3%.
Asking Price vs. Sold Price
How much do homes in 28409, NC cost?
Over Asking Price5 Homes
At Asking Price9 Homes
Under Asking Price19 Homes
Insight
If you're buying a home in 28409, you may be able to get a good deal. 57.6% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 28409 in January 2025, down by 23.3% month-over-month. Of the 33 sold homes, 58% were sold under asking, 27% were sold at asking, and and 15% were sold over asking.
Days on Market for 28409, NC
How long does it take to sell a home in 28409, NC?
Breakdown of Home Sale Times
Under 30 Days16 Homes
30 – 90 Days13 Homes
Over 90 Days4 Homes
Insight
Many homes in 28409 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 33 homes were sold in 28409; 48% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 45 DaysThis YearJan 2025 | ||
| 46 Days1 year agoJan 2024 | -3.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 28409 had an average listing age of 45 days in Jan 2025, down by 3.4% compared to the previous year.
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Newest Listings in 28409, NC
What homes are available in 28409, NC?
New - 3 days on Rocket
$4,393 Closing Credit¹
#100490291, Listing Office: Brick & Mojo, LLC
New - 3 days on RocketBackup offers
$5,100 Closing Credit¹
#100490278, Listing Office: Intracoastal Realty Corp
New - 3 days on Rocket
$10,000 Closing Credit¹
#100490244, Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties
New - 3 days on Rocket
#100490139, Listing Office: Intracoastal Realty Corp
New - 3 days on Rocket
$10,000 Closing Credit¹
#100490124, Listing Office: RE/MAX Executive
New - 4 days on Rocket
$8,016 Closing Credit¹
#100489929, Listing Office: Intracoastal Realty Corp
New - 5 days on Rocket
$2,791 Closing Credit¹
#100489811, Listing Office: Keller Williams Innovate-Wilmington
New - 5 days on Rocket
$7,481 Closing Credit¹
#100489708, Listing Office: Keller Williams Innovate-Wilmington
New - 7 days on Rocket
$4,857 Closing Credit¹
#100489350, Listing Office: Coldwell Banker Sea Coast Advantage-Leland
$8,568 Closing Credit¹
#100489117, Listing Office: Coldwell Banker Sea Coast Advantage-Leland
Backup offers
$5,270 Closing Credit¹
#100489012, Listing Office: D.R. Horton, Inc
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MLS Disclaimers and Copyright
Based on information from Hive MLS, for the period 02/01/2023 - 02/01/2025
Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/25/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.