$2,374 Closing Credit*
$199,900
1,712 SqFt
3 Beds
•2 Full Baths, 1 Partial
Katy Carroll, Listing Office: Keller Williams Realty Elite
Is 27104, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 27104 has remained a Seller's Market.
Key Takeaway
27104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27104, NC
How much do homes in 27104, NC cost?
Median Sold Price
$344,725
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,475(+8.0%)
Key Takeaway
Homes in 27104 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 27104 was $344,725 in October 2024, up 8% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $137K | N/A |
| 2 Bedrooms | $175K | $190.6K | +8.9% |
| 3 Bedrooms | $292.5K | $313.7K | +7.3% |
| 4 Bedrooms | $498.7K | $560K | +12.3% |
| 5+ Bedrooms | $763K | $740K | -3.0% |
Summary: 27104 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 increased by 8.9%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 3%.
Housing Supply in 27104, NC
How many homes are available in 27104, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 141 | 173 | +22.7% |
Summary: The 27104 real estate market had 173 homes for sale in October 2024, a 22.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 31 | 35 | +12.9% |
| 3 Bedrooms | 49 | 68 | +38.8% |
| 4 Bedrooms | 42 | 43 | +2.4% |
| 5+ Bedrooms | 16 | 23 | +43.8% |
Summary: The 27104 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 38.8%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 43.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 48 | +118.2% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27104, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in 27104 in October 2024, up by 118.2% month-over-month. Of the 48 sold homes, 50% were sold under asking, 23% were sold at asking, and 27% were sold over asking.
Days on Market for 27104, NC
How long does it take to sell a home in 27104, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 30 Days | -30.2% |
Summary: Homes in 27104 had an average of 30 days on market in Oct 2024, down by 30.2% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27104 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 48 homes were sold in 27104; 69% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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