$3,264 Closing Credit*
$274,900
2,060 SqFt
5 Beds
•2 Full Baths
Listing Office: Keller Williams Realty Elite
Is 27028, 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, 27028 has remained a Seller's Market.
Key Takeaway
27028 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27028, NC
How much do homes in 27028, NC cost?
Median Sold Price
$276,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+5.7%)
Key Takeaway
Homes in 27028 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 27028 was $276,000 in October 2024, up 5.7% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $130K | -3.7% |
| 2 Bedrooms | $165K | $179.9K | +9.0% |
| 3 Bedrooms | $255K | $275K | +7.8% |
| 4 Bedrooms | $311.4K | $302K | -3.0% |
| 5+ Bedrooms | $378.7K | $440K | +16.2% |
Summary: 27028 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 16.2%.
Housing Supply in 27028, NC
How many homes are available in 27028, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 110 | 101 | -8.2% |
Summary: The 27028 real estate market had 101 homes for sale in October 2024, a 8.2% decrease 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 | 9 | -18.2% |
| 3 Bedrooms | 68 | 60 | -11.8% |
| 4 Bedrooms | 23 | 23 | 0.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 27028 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 18.2%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 24 | -4.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27028, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 27028 in October 2024, down by 4.0% month-over-month. Of the 24 sold homes, 54% were sold under asking, 17% were sold at asking, and 29% were sold over asking.
Days on Market for 27028, NC
How long does it take to sell a home in 27028, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 30 Days | +48.0% |
Summary: Homes in 27028 had an average of 30 days on market in Oct 2024, up by 48% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27028 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 24 homes were sold in 27028; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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