$4,026 Closing Credit*
$339,000
2,231 SqFt
4 Beds
•2 Full Baths, 1 Partial
Tamatha McCollum, Listing Office: Allen Tate Oak Ridge Commons
Is 27025, 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, 27025 has remained a Seller's Market.
Key Takeaway
27025 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27025, NC
How much do homes in 27025, NC cost?
Median Sold Price
$264,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,250(+13.4%)
Key Takeaway
Homes in 27025 have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in 27025 was $264,000 in October 2024, up 13.4% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | $135K | -36.5% |
| 2 Bedrooms | $130K | $179.9K | +38.4% |
| 3 Bedrooms | $240K | $261.9K | +9.1% |
| 4 Bedrooms | $335K | $327.7K | -2.2% |
| 5+ Bedrooms | - | $364K | N/A |
Summary: 27025 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.5%, 2 bedroom homes increased by 38.4%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 27048 | $237.6K | $289.4K | +21.8% |
| 27025 | $232.7K | $264K | +13.4% |
| 27357 | $433.7K | $475K | +9.5% |
| 27027 | $177K | $165K | -6.8% |
Housing Supply in 27025, NC
How many homes are available in 27025, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 27 | +35.0% |
Summary: The 27025 real estate market had 27 homes for sale in October 2024, a 35.0% 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 | 3 | 6 | +100.0% |
| 3 Bedrooms | 15 | 18 | +20.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 27025 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 increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27025, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 27025 in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 33 Days | +250.9% |
Summary: Homes in 27025 had an average of 33 days on market in Oct 2024, up by 250.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27025 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 27025; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
