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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27043 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 27043 was a Seller's Market.

Key Takeaway

27043 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 27043, NC

How much do homes in 27043, NC cost?

Median Sold Price

$198,000

$141/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$67,000(-25.3%)

Key Takeaway

Homes in 27043 have sold for 25.3% less than they did a month ago.

Summary: The median home sold price in 27043 was $198,000 in November 2024, down 25.3% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $385K$198K
-48.6%
3 $265K-
N/A
4 --
N/A
5+ --
N/A

Summary: 27043 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 48.6%, 3 bedroom homes did not change, 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 27043, NC

How many homes are available in 27043, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1012+20.0%

Summary: The 27043 real estate market had 12 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 77
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 27043 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27043, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 27043 in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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 2024Nov 2024CHANGE
41 Days9 Days-78.3%

Summary: Homes in 27043 had an average of 9 days on market in Nov 2024, down by 78.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27043 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 27043; 100% of homes were sold within 30 days, 0% 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

Nearby Markets to 27043, NC