$4,869 Closing Credit*
$410,000
1,886 SqFt
4 Beds
•3 Full Baths
Eden Combs, Listing Office: Realty One Group Results Reidsville
Is 27025, 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, 27025 was a Seller's Market.
Key Takeaway
27025 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 27025, NC
How much do homes in 27025, NC cost?
Median Sold Price
$265,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+6.0%)
Key Takeaway
Homes in 27025 have sold for 6% more than they did a year ago.
Summary: The median home sold price in 27025 was $265,000 in November 2024, up 6% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | $135K | -36.5% |
| 2 Bedrooms | $135.5K | $180K | +32.8% |
| 3 Bedrooms | $255K | $265K | +3.9% |
| 4 Bedrooms | $335K | $327.7K | -2.2% |
| 5+ Bedrooms | - | $364K | N/A |
Summary: 27025 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.5%, 2 bedroom homes increased by 32.8%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 27048 | $232K | $289.4K | +24.7% |
| 27357 | $439.9K | $476.5K | +8.3% |
| 27025 | $250K | $265K | +6.0% |
| 27027 | $177K | $165K | -6.8% |
Housing Supply in 27025, NC
How many homes are available in 27025, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The 27025 real estate market had 26 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 18 | 13 | -27.8% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 27025 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 increased by 33.3%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27025, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 27025 in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 27025, NC
How long does it take to sell a home in 27025, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 90 Days | +452.6% |
Summary: Homes in 27025 had an average of 90 days on market in Nov 2024, up by 452.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27025 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 27025; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
