Is 27043, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27043 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 27043 has remained a Seller's Market.

Key Takeaway

27043 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27043, NC

How much do homes in 27043, NC cost?

Median Sold Price

$295,900

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,050(+5.4%)

Key Takeaway

Homes in 27043 have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in 27043 was $295,900 in October 2024, up 5.4% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $332.5K$269K
-19.1%
3 $260K$275K
+5.8%
4 $389K$612.5K
+57.5%
5+ $449K$830K
+84.9%

Summary: 27043 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 decreased by 19.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 57.5%, and 5+ bedroom homes increased by 84.9%.

Median Sold Price Compared To Nearby Zip Codes

27041
+14.4%
27043
+5.4%
27021
+1.8%
27050
0.5%

Housing Supply in 27043, NC

How many homes are available in 27043, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
13130.0%

Summary: The 27043 real estate market had 13 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1010
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 27043 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27043, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 27043 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 27043, NC

How long does it take to sell a home in 27043, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days41 Days+13.4%

Summary: Homes in 27043 had an average of 41 days on market in Oct 2024, up by 13.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 27043 has remained consistent over time.

Summary: During October 2024, 5 homes were sold in 27043; 40% of homes were sold within 30 days, 60% 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 27043, NC

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