$150,000
6.10 Acres
Land
Rick Epperson, Listing Office: Weichert REALTORS Triad Associates
Is 27012, 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, 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
$398,500
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,166(+4.2%)
Key Takeaway
Homes in 27012 have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in 27012 was $398,500 in October 2024, up 4.2% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $99.5K | +99.0% |
| 2 Bedrooms | $222.2K | $228.4K | +2.8% |
| 3 Bedrooms | $350K | $358.9K | +2.6% |
| 4 Bedrooms | $447.4K | $455.6K | +1.8% |
| 5+ Bedrooms | $539.9K | $549.3K | +1.8% |
Summary: 27012 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 99%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in 27012, NC
How many homes are available in 27012, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 152 | 157 | +3.3% |
Summary: The 27012 real estate market had 157 homes for sale in October 2024, a 3.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 14 | +55.6% |
| 3 Bedrooms | 78 | 82 | +5.1% |
| 4 Bedrooms | 46 | 45 | -2.2% |
| 5+ Bedrooms | 18 | 15 | -16.7% |
Summary: The 27012 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 55.6%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 39 | +18.2% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27012, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in 27012 in October 2024, up by 18.2% month-over-month. Of the 39 sold homes, 38% were sold under asking, 33% were sold at asking, and 28% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 31 Days | +94.1% |
Summary: Homes in 27012 had an average of 31 days on market in Oct 2024, up by 94.1% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 39 homes were sold in 27012; 64% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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