Home Sales Decline in 28227 Zip Code Real Estate Market

The 28227 zip code market pulled back with a 10.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 66.2 monthly average with 63 homes sold. Meanwhile, the 28104 zip code reported 77 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $172,000, potentially helping to offset the four months of inventory left to be sold.

Want to get a head start on other buyers? Check out these new listings in the 28227 zip code:

$142K   $299K   $199K  

Get started right now by checking out 28227 homes for sale or reviewing 28227 real estate trends.

Demographic facts for the 28227 zip code:

  • The median value of all homes is $120,000.
  • The area gets an average of 119 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 9.0%.
  • The student-to-teacher ratio is 16.1:1. (15.3:1 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
RE/MAX Executive
4 reviews
Keller Williams Ballantyne
Snapped 13 homes in this area
Mathers Realty
Snapped 8 homes in this area

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