$4,214 Closing Credit*
$354,900
2,364 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ty Cannon, Listing Office: Berkshire Hathaway HomeServices Carolinas Realty
Is 27051, 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, 27051 was a Buyer's Market.
Key Takeaway
27051 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 27051, NC
How much do homes in 27051, NC cost?
Median Sold Price
$299,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$19,950(-6.3%)
Key Takeaway
Homes in 27051 have sold for 6.3% less than they did a year ago.
Summary: The median home sold price in 27051 was $299,000 in October 2024, down 6.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $158.5K | -18.7% |
| 3 Bedrooms | $280K | $280K | 0.0% |
| 4 Bedrooms | $368.3K | $349.9K | -5.0% |
| 5+ Bedrooms | $384.5K | $428.7K | +11.5% |
Summary: 27051 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 18.7%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 11.5%.
Housing Supply in 27051, NC
How many homes are available in 27051, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 32 | 0.0% |
Summary: The 27051 real estate market had 32 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 15 | 19 | +26.7% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 27051 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 increased by 26.7%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27051, 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 27051 in October 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 27051, NC
How long does it take to sell a home in 27051, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 34 Days | -38.4% |
Summary: Homes in 27051 had an average of 34 days on market in Oct 2024, down by 38.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27051 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 27051; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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