$1,781 Closing Credit*
$150,000
1,011 SqFt
2 Beds
•2 Full Baths
Joey Tuttle Miller, Listing Office: Real Broker LLC
Is 27041, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 27041 was a Buyer's Market.
Key Takeaway
27041 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27041, NC
How much do homes in 27041, NC cost?
Median Sold Price
$292,500
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,750(+14.4%)
Key Takeaway
Homes in 27041 have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in 27041 was $292,500 in October 2024, up 14.4% 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 | $135K | - | N/A |
| 2 Bedrooms | $182.5K | $234.9K | +28.7% |
| 3 Bedrooms | $275K | $278.7K | +1.3% |
| 4 Bedrooms | $370K | $434.9K | +17.5% |
| 5+ Bedrooms | - | $825K | N/A |
Summary: 27041 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes did not change.
Housing Supply in 27041, NC
How many homes are available in 27041, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The 27041 real estate market had 19 homes for sale in October 2024, a 5.0% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 27041 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 remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27041, 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 27041 in October 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 27041, NC
How long does it take to sell a home in 27041, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 75 Days | +1400.0% |
Summary: Homes in 27041 had an average of 75 days on market in Oct 2024, up by 1400% 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 27041 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 27041; 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.
