$5,639 Closing Credit*
$474,900
2,829 SqFt
4 Beds
•3 Full Baths
Shaunna Overman, Listing Office: Allen Tate Oak Ridge Commons
Is 27017, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 27017 was a Neutral Market.
Key Takeaway
27017 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27017, NC
How much do homes in 27017, NC cost?
Median Sold Price
$260,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,000(+4.4%)
Key Takeaway
Homes in 27017 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 27017 was $260,000 in November 2024, up 4.4% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $50K | N/A |
| 2 Bedrooms | $167.5K | $202.5K | +20.9% |
| 3 Bedrooms | $260.5K | $276.5K | +6.1% |
| 4 Bedrooms | $310.7K | $411.7K | +32.5% |
| 5+ Bedrooms | $638.2K | $394K | -38.3% |
Summary: 27017 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 32.5%, and 5+ bedroom homes decreased by 38.3%.
Housing Supply in 27017, NC
How many homes are available in 27017, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The 27017 real estate market had 14 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27017 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27017, 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 27017 in November 2024, down by 66.7% month-over-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 27017, NC
How long does it take to sell a home in 27017, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 28 Days | -45.1% |
Summary: Homes in 27017 had an average of 28 days on market in Nov 2024, down by 45.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27017 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 27017; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.