Is 27053, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27053 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 27053 has remained a Neutral Market.

Key Takeaway

27053 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 27053, NC

How much do homes in 27053, NC cost?

Median Sold Price

$520,000

$218/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$25,000(-4.6%)

Key Takeaway

Homes in 27053 have sold for 4.6% less than they did a month ago.

Summary: The median home sold price in 27053 was $520,000 in November 2024, down 4.6% from last month, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $545K$520K
-4.6%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: 27053 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 4.6%, 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

27016
+681.3%
27041
+20.4%
27053
-4.6%
27043
-25.3%

Housing Supply in 27053, NC

How many homes are available in 27053, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The 27053 real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 27053 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 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

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 27053, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 27053 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 27053, NC

We’re sorry, we don't have information for this market at the moment

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 27053 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 27053; 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 27053, NC

Nearby Markets to 27053, NC