$5,986 Closing Credit*
$504,051
2,836 SqFt
4 Beds
•3 Full Baths
Becca Thomason, Listing Office: Mungo Homes
Is 27006, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $2.0M | $541.7K | -72.9% |
| 2 Bedrooms | $179.5K | $186.5K | +3.9% |
| 3 Bedrooms | $363K | $420K | +15.7% |
| 4 Bedrooms | $517K | $630.7K | +22.0% |
| 5+ Bedrooms | $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%.
Housing Supply in 27006, NC
How many homes are available in 27006, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 93 | 110 | +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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 12 | 20 | +66.7% |
| 3 Bedrooms | 54 | 53 | -1.9% |
| 4 Bedrooms | 20 | 25 | +25.0% |
| 5+ Bedrooms | 5 | 10 | +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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 23 | +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
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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 46 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
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.
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