28735Gerton, NC Housing Market
$307,500median sale price
The 28735 zip code, located in Gerton, NC, is currently classified as a buyer's market. The median sale price stands at $307,500, representing a +23.0% change year over year. Homes in this area spend an average of 367 days on the market before going under contract. There are currently 1 active listings in the area, which influences how much negotiating power buyers and sellers have.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 28735 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
2
Last 12 weeks
Days on market
367
Average pace
Active listings
1
Sale-to-list
77.6%
Below asking
Market trends
Market analysis for 28735
The 28735 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 77.6% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 28735 have increased +23.0% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
Community profile
Population
251
Median age
58.1 years
Owner-occupied
100.0%
College grads
43.6%
Living in 28735
Zip code 28735 is home to approximately 251 residents. With a median age of 58.1 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 100.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 43.6% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 28735.
Frequently asked questions about 28735
What is the median home price in 28735?
The current median sale price in 28735 is $307,500, based on recent Redfin transaction data. Prices have changed +23.0% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 28735 a buyer's or seller's market?
The 28735 zip code is currently classified as a buyer's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 28735?
Zip code 28735 has a population of approximately 251 residents. About 100.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 28735?
Properties Incorporated provides comprehensive data for 28735 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 28735 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.
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