$2,838 Closing Credit*
$239,000
1,520 SqFt
2 Beds
•2 Full Baths
Jason Bramblett, Listing Office: Jason Bramblett Real Estate
Is 27103, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 27103 has remained a Seller's Market.
Key Takeaway
27103 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27103, NC
How much do homes in 27103, NC cost?
Median Sold Price
$285,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,004(+3.6%)
Key Takeaway
Homes in 27103 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 27103 was $285,000 in November 2024, up 3.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $205K | +115.8% |
| 2 Bedrooms | $195K | $230K | +17.9% |
| 3 Bedrooms | $284K | $289.5K | +2.0% |
| 4 Bedrooms | $365K | $355.5K | -2.6% |
| 5+ Bedrooms | $404K | $387K | -4.2% |
Summary: 27103 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 115.8%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 4.2%.
Housing Supply in 27103, NC
How many homes are available in 27103, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 165 | 166 | +0.6% |
Summary: The 27103 real estate market had 166 homes for sale in November 2024, a 0.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 44 | 47 | +6.8% |
| 3 Bedrooms | 82 | 77 | -6.1% |
| 4 Bedrooms | 33 | 34 | +3.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 27103 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 6.8%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 32 | -17.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27103, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in 27103 in November 2024, down by 17.9% month-over-month. Of the 32 sold homes, 56% were sold under asking, 16% were sold at asking, and 28% were sold over asking.
Days on Market for 27103, NC
How long does it take to sell a home in 27103, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 44 Days | +146.2% |
Summary: Homes in 27103 had an average of 44 days on market in Nov 2024, up by 146.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27103 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 32 homes were sold in 27103; 53% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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