Is 27105, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27105 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 27105 has remained a Seller's Market.

Key Takeaway

27105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27105, NC

How much do homes in 27105, NC cost?

Median Sold Price

$199,666

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,666(+3.5%)

Key Takeaway

Homes in 27105 have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in 27105 was $199,666 in November 2024, up 3.5% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $84.7K$88K
+3.8%
2 $131.5K$135K
+2.7%
3 $200K$210K
+5.0%
4 $250K$242K
-3.2%
5+ $303.8K$225K
-26.0%

Summary: 27105 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 26%.

Median Sold Price Compared To Nearby Zip Codes

27101
+5.2%
27105
+3.5%
27104
+3.0%
27106
+0.7%
27051
-8.5%

Housing Supply in 27105, NC

How many homes are available in 27105, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
131133+1.5%

Summary: The 27105 real estate market had 133 homes for sale in November 2024, a 1.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3528
-20.0%
3 7076
+8.6%
4 1922
+15.8%
5+ 77
0.0%

Summary: The 27105 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 decreased by 20%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3126-16.1%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27105, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 27105 in November 2024, down by 16.1% month-over-month. Of the 26 sold homes, 58% were sold under asking, 19% were sold at asking, and 23% were sold over asking.

Days on Market for 27105, NC

How long does it take to sell a home in 27105, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days33 Days+38.4%

Summary: Homes in 27105 had an average of 33 days on market in Nov 2024, up by 38.4% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27105 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 26 homes were sold in 27105; 58% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 8% 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 2 Days Ago

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