New Downward Trend in Contracts for 28036 Zip Code Real Estate Market

The 28036 zip code market saw 11 homes go under contract and failed to break out of a recent downward trend. Along with that, total home sales fell to 23 over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $319,000, down from last week's $405,000. With a downward trend in contracts numbers and eight months of inventory still left to work through, the 28036 zip code is a definite buyer's market.

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Get started right now by checking out 28036 homes for sale or reviewing 28036 real estate trends.

Demographic facts about the 28036 zip code:

  • The median house value here is $250,000.
  • This area usually gets 112 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 9.8%.
  • There are 12.7 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016

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RE/MAX Executive
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