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 October 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

$428,699

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$59,199(+16.0%)

Key Takeaway

Homes in 27006 have sold for 16% more than they did a year ago.

Summary: The median home sold price in 27006 was $428,699 in October 2024, up 16% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $2.0M$541.7K
-72.9%
2 $179.5K$186.5K
+3.9%
3 $363K$420K
+15.7%
4 $517K$630.7K
+22.0%
5+ $497.5K$875K
+75.9%

Summary: 27006 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 72.9%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 22%, and 5+ bedroom homes increased by 75.9%.

Median Sold Price Compared To Nearby Zip Codes

27006
+16.0%
27023
+8.4%
27028
+5.7%
27012
+4.2%
27295
+2.0%

Housing Supply in 27006, NC

How many homes are available in 27006, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
93110+18.3%

Summary: The 27006 real estate market had 110 homes for sale in October 2024, a 18.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1220
+66.7%
3 5453
-1.9%
4 2025
+25.0%
5+ 510
+100.0%

Summary: The 27006 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1423+64.3%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were 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. 65.2% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 27006 in October 2024, up by 64.3% month-over-month. Of the 23 sold homes, 65% were sold under asking, 22% were sold at asking, and 13% 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

Oct 2023Oct 2024CHANGE
23 Days46 Days+101.2%

Summary: Homes in 27006 had an average of 46 days on market in Oct 2024, up by 101.2% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 October 2024, 23 homes were sold in 27006; 57% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 13% 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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