$4,986 Closing Credit*
$419,900
1,372 SqFt
3 Beds
•1 Full Bath, 1 Partial
Chad Kiger, Listing Office: TKG Real Estate
Is 27104, 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, 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
$334,600
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,773(+3.0%)
Key Takeaway
Homes in 27104 have sold for 3% more than they did a year ago.
Summary: The median home sold price in 27104 was $334,600 in November 2024, up 3% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $137K | N/A |
| 2 Bedrooms | $177.5K | $200.3K | +12.9% |
| 3 Bedrooms | $298.5K | $307.1K | +2.9% |
| 4 Bedrooms | $498.7K | $562.5K | +12.8% |
| 5+ Bedrooms | $799K | $760K | -4.9% |
Summary: 27104 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 4.9%.
Housing Supply in 27104, NC
How many homes are available in 27104, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 172 | 152 | -11.6% |
Summary: The 27104 real estate market had 152 homes for sale in November 2024, a 11.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 36 | 35 | -2.8% |
| 3 Bedrooms | 66 | 62 | -6.1% |
| 4 Bedrooms | 43 | 34 | -20.9% |
| 5+ Bedrooms | 23 | 19 | -17.4% |
Summary: The 27104 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes decreased by 17.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 38 | -25.5% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 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 38 homes were sold or pending in 27104 in November 2024, down by 25.5% month-over-month. Of the 38 sold homes, 50% were sold under asking, 18% were sold at asking, and 32% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 39 Days | +148.1% |
Summary: Homes in 27104 had an average of 39 days on market in Nov 2024, up by 148.1% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 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 November 2024, 38 homes were sold in 27104; 66% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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