Is 27019, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27019 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 27019 has remained a Seller's Market.

Key Takeaway

27019 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27019, NC

How much do homes in 27019, NC cost?

Median Sold Price

$285,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+16.3%)

Key Takeaway

Homes in 27019 have sold for 16.3% more than they did a year ago.

Summary: The median home sold price in 27019 was $285,000 in November 2024, up 16.3% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $130K-
N/A
2 $267K$217.4K
-18.6%
3 $250K$315K
+26.0%
4 -$485K
N/A
5+ -$300K
N/A

Summary: 27019 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 decreased by 18.6%, 3 bedroom homes increased by 26%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

27019
+16.3%
27045
+3.6%
27021
0.4%
27051
-8.5%

Housing Supply in 27019, NC

How many homes are available in 27019, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
811+37.5%

Summary: The 27019 real estate market had 11 homes for sale in November 2024, a 37.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 79
+28.6%
4 01
+100.0%
5+ 00
0.0%

Summary: The 27019 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 increased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27019, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 27019 in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 27019, NC

How long does it take to sell a home in 27019, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days18 Days-48.0%

Summary: Homes in 27019 had an average of 18 days on market in Nov 2024, down by 48% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27019 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 27019; 80% of homes were sold within 30 days, 20% 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 3 Days Ago

Newest Listings in 27019, NC

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