Is 27006, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27006 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 27006 has remained a Seller's Market.

Key Takeaway

27006 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27006, NC

How much do homes in 27006, NC cost?

Median Sold Price

$433,250

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$57,500(+15.3%)

Key Takeaway

Homes in 27006 have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in 27006 was $433,250 in December 2024, up 15.3% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $2.0M$541.7K
-72.9%
2 $184.5K$191.5K
+3.8%
3 $377K$425K
+12.7%
4 $555K$635K
+14.4%
5+ $527K$815.5K
+54.7%

Summary: 27006 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 72.9%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 54.7%.

Median Sold Price Compared To Nearby Zip Codes

27006
+15.3%
27023
+12.9%
27028
+10.9%
27295
+4.5%
27012
+1.9%

Housing Supply in 27006, NC

How many homes are available in 27006, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10194-6.9%

Summary: The 27006 real estate market had 94 homes for sale in December 2024, a 6.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 1413
-7.1%
3 4847
-2.1%
4 2725
-7.4%
5+ 107
-30.0%

Summary: The 27006 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
22220.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27006, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 27006 in December 2024, the same as the previous month. Of the 22 sold homes, 59% were sold under asking, 36% were sold at asking, and 5% were sold over asking.

Days on Market for 27006, NC

How long does it take to sell a home in 27006, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
37 Days20 Days-46.0%

Summary: Homes in 27006 had an average of 20 days on market in Dec 2024, down by 46% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27006 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 22 homes were sold in 27006; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 27006, NC

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