Is 27041, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27041 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 27041 has remained a Seller'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

$332,500

$182/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$56,300(+20.4%)

Key Takeaway

Homes in 27041 have sold for 20.4% more than they did a month ago.

Summary: The median home sold price in 27041 was $332,500 in November 2024, up 20.4% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $185.9K$148.5K
-20.1%
3 $276.2K$255K
-7.7%
4 -$563K
N/A
5+ $825K-
N/A

Summary: 27041 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.1%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

27041
+20.4%
27053
-4.6%
27043
-25.3%

Housing Supply in 27041, NC

How many homes are available in 27041, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1819+5.6%

Summary: The 27041 real estate market had 19 homes for sale in November 2024, a 5.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1211
-8.3%
4 24
+100.0%
5+ 10
-100.0%

Summary: The 27041 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 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27041, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 27041 in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% 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 2024Nov 2024CHANGE
75 Days9 Days-86.9%

Summary: Homes in 27041 had an average of 9 days on market in Nov 2024, down by 86.9% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27041 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in 27041; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in 27041, NC

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