Is 27021, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27021 is a seller's market

Buyer's
Market

Difference Since December 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

$291,500

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$6,500(+2.3%)

Key Takeaway

Homes in 27021 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 27021 was $291,500 in December 2024, up 2.3% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$116K
N/A
2 $204.9K$197.5K
-3.6%
3 $254.9K$265K
+4.0%
4 $409K$370K
-9.5%
5+ $419.9K$370.7K
-11.7%

Summary: 27021 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 11.7%.

Median Sold Price Compared To Nearby Zip Codes

27045
+6.4%
27019
+5.1%
27021
+2.3%
27043
-14.8%

Housing Supply in 27021, NC

How many homes are available in 27021, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8771-18.4%

Summary: The 27021 real estate market had 71 homes for sale in December 2024, a 18.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1412
-14.3%
3 5042
-16.0%
4 2014
-30.0%
5+ 33
0.0%

Summary: The 27021 housing inventory by bedroom type for December 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 decreased by 16%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2112-42.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27021, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 27021 in December 2024, down by 42.9% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% 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

Dec 2023Dec 2024CHANGE
68 Days33 Days-50.6%

Summary: Homes in 27021 had an average of 33 days on market in Dec 2024, down by 50.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27021 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 12 homes were sold in 27021; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 8 Days Ago

Newest Listings in 27021, NC

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