Is 27013, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27013 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 27013 was a Buyer's Market.

Key Takeaway

27013 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27013, NC

How much do homes in 27013, NC cost?

Median Sold Price

$271,450

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$28,550(-9.5%)

Key Takeaway

Homes in 27013 have sold for 9.5% less than they did a year ago.

Summary: The median home sold price in 27013 was $271,450 in October 2024, down 9.5% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $216.7K$267.5K
+23.4%
3 $288.5K$265K
-8.1%
4 $382.9K$735K
+92.0%
5+ -$1.2M
N/A

Summary: 27013 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.4%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 92%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28125
+41.2%
28147
+17.5%
28166
+7.6%
27013
-9.5%

Housing Supply in 27013, NC

How many homes are available in 27013, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2627+3.8%

Summary: The 27013 real estate market had 27 homes for sale in October 2024, a 3.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1011
+10.0%
4 56
+20.0%
5+ 44
0.0%

Summary: The 27013 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 decreased by 14.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27013, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 27013 in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 27013, NC

How long does it take to sell a home in 27013, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
5 Days22 Days+297.1%

Summary: Homes in 27013 had an average of 22 days on market in Oct 2024, up by 297.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27013 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 27013; 75% of homes were sold within 30 days, 25% 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 23 Days Ago

Newest Listings in 27013, NC

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