Is 27009, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27009 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 27009 has remained a Seller's Market.

Key Takeaway

27009 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27009, NC

How much do homes in 27009, NC cost?

Median Sold Price

$279,000

$147/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$281,000(-50.2%)

Key Takeaway

Homes in 27009 have sold for 50.2% less than they did a month ago.

Summary: The median home sold price in 27009 was $279,000 in November 2024, down 50.2% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $900K-
N/A
3 $220K$279K
+26.8%
4 --
N/A
5+ --
N/A

Summary: 27009 housing prices by bedroom type for November 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 26.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 27009, NC

How many homes are available in 27009, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
89+12.5%

Summary: The 27009 real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 68
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The 27009 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27009, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 27009 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 27009, NC

How long does it take to sell a home in 27009, NC?

Average Sale Time

Oct 2024Nov 2024CHANGE
67 Days32 Days-51.6%

Summary: Homes in 27009 had an average of 32 days on market in Nov 2024, down by 51.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27009 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 27009; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

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