$3,266 Closing Credit*
$275,000
1,600 SqFt
2 Beds
•1 Full Bath
Sandy Smith, Listing Office: Century 21 Echelon
Is 27021, 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, 27021 has remained a Seller's Market.
Key Takeaway
27021 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27021, NC
How much do homes in 27021, NC cost?
Median Sold Price
$290,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+1.8%)
Key Takeaway
Homes in 27021 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 27021 was $290,000 in October 2024, up 1.8% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $116K | N/A |
| 2 Bedrooms | $259.9K | $200K | -23.1% |
| 3 Bedrooms | $258K | $263K | +1.9% |
| 4 Bedrooms | $409.9K | $368.9K | -10.0% |
| 5+ Bedrooms | $402.4K | $389.3K | -3.2% |
Summary: 27021 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 decreased by 23.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 3.2%.
Housing Supply in 27021, NC
How many homes are available in 27021, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 79 | 85 | +7.6% |
Summary: The 27021 real estate market had 85 homes for sale in October 2024, a 7.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 50 | 55 | +10.0% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 27021 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 9.1%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 21 | +90.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27021, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 27021 in October 2024, up by 90.9% month-over-month. Of the 21 sold homes, 62% were sold under asking, 10% were sold at asking, and 29% were sold over asking.
Days on Market for 27021, NC
How long does it take to sell a home in 27021, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 26 Days | -6.0% |
Summary: Homes in 27021 had an average of 26 days on market in Oct 2024, down by 6% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27021 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in 27021; 76% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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