Is 27007, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27007 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 27007 has remained a Seller's Market.

Key Takeaway

27007 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27007, NC

How much do homes in 27007, NC cost?

Median Sold Price

$390,000

$131/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$140,000(+56.0%)

Key Takeaway

Homes in 27007 have sold for 56% more than they did a month ago.

Summary: The median home sold price in 27007 was $390,000 in October 2024, up 56% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $250K$390K
+56.0%
4 --
N/A
5+ --
N/A

Summary: 27007 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 56%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 27007, NC

How many homes are available in 27007, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23+50.0%

Summary: The 27007 real estate market had 3 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 27007 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27007, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 27007 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 27007, NC

How long does it take to sell a home in 27007, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
232 Days34 Days-85.3%

Summary: Homes in 27007 had an average of 34 days on market in Oct 2024, down by 85.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 27007 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 27007; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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

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