Is 27030, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27030 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 27030 has remained a Seller's Market.

Key Takeaway

27030 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27030, NC

How much do homes in 27030, NC cost?

Median Sold Price

$230,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+2.2%)

Key Takeaway

Homes in 27030 have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in 27030 was $230,000 in October 2024, up 2.2% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $170K$135K
-20.6%
2 $174.4K$182.5K
+4.6%
3 $228.9K$234.5K
+2.4%
4 $330K$385K
+16.7%
5+ $411.9K$309.9K
-24.8%

Summary: 27030 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.6%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 24.8%.

Median Sold Price Compared To Nearby Zip Codes

27041
+14.4%
27017
+12.6%
27030
+2.2%

Housing Supply in 27030, NC

How many homes are available in 27030, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
122124+1.6%

Summary: The 27030 real estate market had 124 homes for sale in October 2024, a 1.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 2736
+33.3%
3 7468
-8.1%
4 1412
-14.3%
5+ 57
+40.0%

Summary: The 27030 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2321-8.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27030, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 27030 in October 2024, down by 8.7% month-over-month. Of the 21 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.

Days on Market for 27030, NC

How long does it take to sell a home in 27030, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days37 Days+21.0%

Summary: Homes in 27030 had an average of 37 days on market in Oct 2024, up by 21% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27030 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 21 homes were sold in 27030; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% 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 5 Days Ago

Newest Listings in 27030, NC

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