$2,850 Closing Credit*
$240,000
1,606 SqFt
3 Beds
•2 Full Baths, 1 Partial
Andrew Lay, Listing Office: Keller Williams Realty Elite
Is 27012, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 27012 has remained a Seller's Market.
Key Takeaway
27012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27012, NC
How much do homes in 27012, NC cost?
Median Sold Price
$399,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,100(+3.1%)
Key Takeaway
Homes in 27012 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 27012 was $399,000 in November 2024, up 3.1% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | $129K | +115.0% |
| 2 Bedrooms | $222.2K | $229.2K | +3.1% |
| 3 Bedrooms | $350K | $355.9K | +1.7% |
| 4 Bedrooms | $449.9K | $465K | +3.4% |
| 5+ Bedrooms | $539.9K | $554.6K | +2.7% |
Summary: 27012 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 115%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 2.7%.
Housing Supply in 27012, NC
How many homes are available in 27012, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 153 | 154 | +0.7% |
Summary: The 27012 real estate market had 154 homes for sale in November 2024, a 0.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 81 | 84 | +3.7% |
| 4 Bedrooms | 46 | 44 | -4.3% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The 27012 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 34 | -12.8% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27012, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 27012 in November 2024, down by 12.8% month-over-month. Of the 34 sold homes, 50% were sold under asking, 38% were sold at asking, and 12% were sold over asking.
Days on Market for 27012, NC
How long does it take to sell a home in 27012, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 34 Days | -9.9% |
Summary: Homes in 27012 had an average of 34 days on market in Nov 2024, down by 9.9% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27012 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in 27012; 59% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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